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CFPB Says Lease-To-Own Co. Acima Misled Vulnerable Users

By Rae Ann Varona ( July 29, 2024, 9:00 PM EDT) -- Lease-to-own fintech company Acima had customers paying more than twice the retail price of home goods by deceptively locking them into high-cost "virtual rent-to-own" financing plans, the Consumer Financial Protection Bureau alleged in a new lawsuit filed Friday in Utah federal court....

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