Welcome to the Arkansas Rental Dealers Association,

where we work to improve the public perception of the rental-purchase industry through networking, education, and legislative vigilance. Find out more about rental-purchase.

ARDA News:

Aug 8, 2014

APRO Congressional Grassroots Instructions

If you have never met with or contacted an elected official then you may be intimidated by the process and politics of the U.S. Congress. But, in reality, the U.S. Congress is there to listen and help you. You will quickly find the political process to be easy and rewarding because you are there to talk about passing federal legislation that will secure your job, your business and your family. Most likely you will meet or communicate with Congressional staff which is very important as they will advise the Congress person whether to support rent-to-own or not.

Aug 7, 2014

The Consumer Rental Purchase Agreement Act Defines the Rent-to-Own Transaction as a Lease

The rent-to-own transaction provides millions of consumers with a flexible, debt-free opportunity to acquire household products-customers can return the product at any time, for any reason, with no penalty. There is no other transaction like it in the marketplace; however, rent-to-own is the most widely used transaction undefined at the federal level. While 47 state legislatures define rent-to-own as a lease, the U.S. Congress remains one of the last arenas to define the transaction. A federal rent-to-own lease definition will remove uncertainty for rent-to-own owners to expand their business providing jobs in their local communities.