17 State Attorneys General Reach $664M Settlement With Lease-To-Own Provider

On October 21, a coalition of 17 state attorneys general entered an assurance of voluntary compliance with a lease-to-own provider, resolving investigations into its practices involving rental-purchase agreements in the participating states. The provider will grant full lease forgiveness, totaling $662,102,518, to 303,223 consumers who entered into agreements from 2017 to 2022 and whose accounts were still under its control in November 2025 and were in “charged off” status. It will also release its ownership of the leased property to those consumers and pay $2.75 million to the participating states. The provider neither admitted nor denied the allegations and did not admit to violating any law.

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