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DEC 02
Article
RTO Magazine
(Back to Archive Home)
 
[http://www.rtoonline.com/search/search_small.asp]

Rent Way Rumblings

BB&T Capital Markets Upgrades Aaron Rents to Strong Buy

Pennsylvania Rental-Purchase Agreement Act

South Carolina Rental-Purchase Agreement Statute

Bestway, Inc. Reports First Quarter FY2003 Results

Research, Research, Research

The Perfect Pitch

RTO Consulting and Management Launches New Website

Kansas consumer lease-purchase agreement act

Did APRO Back A Losing Team?

RTO Online Launches National News Center

High Touch, Inc. Acquires Competitor RSSS

Senate Sponsor Mary Landrieu (D-LA) Narrowly Re-Elected

Donald K. Johnson Sells 1.2 Million Shares Of RTO Enterprises...to himself?

Rent Way Schedules Year End Earnings Release

Larry Sutton, the 'Reverend of RTO' Expands Through Licensing

Understanding the RTO “Bottom Line”

Employee theft hits record levels for second year in a row

RTO MarketPlace just got bigger, better, and faster!

Quick...Name the top 10 performers in your company

Rentcash Inc. Announces Pre Tax Profit Increases in Q1 2003 Results

Tennessee Rental-Purchase Agreement Act

Aaron Rents, Inc. Elects Ray M. Robinson as Director

Aaron Rents Declares Dividend

Rent-A-Center Selects NetScreen to Securely Connect Sites and Field Operations

When "Out of Control" is a good thing

RTO Online Launches Job Posting and Resume Service for the Rent to Own Industry

Quick Books traps!

IAM Technologies Provides Inventory Financing to RTO Industry

 

Issue Date Title
74 12-24-02 'Twas the night before Christmas
73 12-18-02 Understanding Rental Merchandise Depreciation
72 12-11-02 Did APRO-Pac Back a Losing Team?
71 12-04-02 Understanding the bottom line
     
Reader Comments
12-24-02

Lead Story
'Twas the night before Christmas

  • I Have Tears of Joy
    Go Rufus!
     
  • Better Than War and Peace
    Merry Christmas RTOonline and Thank You For Wonderful Cheer!

     
  • Worthless
    Get back to business
    Yours truly, Scrooge :)

     

Rent Way Non Competes

  • Better Than War and Peace
    Maybe Rent Way can not compete for those markets but an Independent store can and will

     
12-18-02

Lead Story
Understanding Rental Merchandise Depreciation

  • pending
     

Rent Way Sells 295 stores to Rent a Center

  • Better Than War and Peace
    I recently started commercially exploring the RTO community and
    believe me your website and the mine of information it contains are a godsend to idiots like me exploring entry strategies.
    Your feedback is great and the business creation possibilities outstanding and seriously fast-tracked by your excellent service.
    Keep it up. Please !
     
  • Better than War and Peace
    How did you guys get this 36 hours before Reuters and AP!!!!! Awesome
     
  • Helpful
    Very informative to see what is happening in our industry. Enjoyed
    reading.
     
  • Better than War and Peace
    10 multiple? Why so much?
     
  • Better than War and Peace
    RTO Online...breaking the story! This is GREAT
     
  • Better than War and Peace
    Merry (Expletive deleted) Christmas!
     
  • I Have Tears of Joy
    As a RAC assistant manager waiting to get my own store and in ______ where a large portion of the rent way stores are, I feel this might be my chance at getting my promotion. As I also dealt with handling rent way acquisition accounts as well in the past. Getting the Rent Way customers to understand what has happened to them and what coming to rent-a-center means for them while honoring there contracts.
12-11-02

Lead Story
Did APRO-Pac Back a Losing Team?

  • Better Than War and Peace
    THANK YOU FOR THE INSIGHT. AS AN APRO MEMBER AND PAC MEMBER IT IS NICE TO SEE WHERE THE MONEY IS GOING. IT SEEMS APRO SHOULD RESPOND WITH WHAT THEIR THINKING WAS IN EACH DONATION SO ITS MEMBERS WILL CONTINUE TO SUPPORT ITS PAC.
    RTO Online response: According to sources, APRO-PAC is performing a much more detailed analysis of the results. No word on when or if it will be publicly available.
     
  • Just OK
    Why haven't they [APRO-PAC] published any results?
     
  • Helpful
    Good information. Surprising but good
     
  • I have tears of Joy
    What's wrong with giving to Democrats?
    (as long as you don't vote for them)
     
  • Worthless
    This was not a good idea to publish.  You damaged the industry with this article.


    Articles that are negative will effect the industry that they are associated with.  People who read this article will now hesitate to contribute to the PAC thinking it is being wasted.  Your lack of understanding politicks is reflected, therefore if you don't understand something get educated before you speak or remain silent.
    RTO Online response: The truth is never damaging. If there is something in the article that is factually incorrect, please identify it.

    Ignorance is 'a lack of knowledge...being uneducated, unaware, or uninformed'. The article contained Facts that the majority of readers were previously unaware of. Therefore, the article reduced ignorance, it did not show it.

    Forget about 'how the article made you feel for a moment...Was there any 'Fact' in the article that you were unaware of? Did you learn any 'Fact' from reading the article? Did you already know every Fact in the article? If you did, congratulations, you're in the minority.

    Based on conversations, both on and off the record, the article stated facts that even APRO board members were unaware of. The level of ignorance regarding 'where the money goes and why' is, quite frankly, astounding.

    Your comment "People who read this article will now hesitate to contribute to the PAC thinking it is being wasted". The article states a few simple, publicly available facts. People who donate money are entitled to the facts. If a reader decides PAC money is wasted because of these facts (which I seriously doubt) ...then at least it is an informed decision. If PAC money slows down, then the controllers of the PAC will do their jobs better, and the money will flow again. Politics is very Darwinian in that respect.

    As to my supposed lack of political savvy. I admit a disdain for the current political environment where votes are bought and sold like a cheap commodity. I also admit my distaste for a few 'potentate wannabes' making unwise and inappropriate comments about '...the going rate of a United States Senator'. But if that's the way the system works, and if you intend to be successful in that system, you must pick winners. More specifically, winners with the power to make a difference.

    And to your comment "...get educated before you speak or remain silent"
    This is perhaps the most dangerous, and revealing comment you made. Translated into plain English it means 'Agree with me or keep your mouth shut'. I here those words and I picture a man in a fur hat with a big red star on it, saying "How dare you question the Party, Comrade". There have been political systems with this attitude...they all failed.

    PS: "If knowledge can create problems, it is not through ignorance that we can solve them."
    Isaac Asimov

     
  • error
    Figures APRO would do something like that, after all, the things really run by a liberal lawyer. (you know who you are)...keep giving your money...Were backin a loser...unbelievable.
     
  • Helpful
    Political Gambling is a very unscientific formula.  The rental industry is just a very small fish in this political ocean. What this
    article exposes is the motivation to give money for access at this level and is why campaign finance reform is desperately needed.  Campaign donations to federal candidates is nothing more than political loitering for our industry. Politicians and the general public still don't understand the rent-to-own industry for the services it provides and the industry competes at the most competitive level in the consumer market place with much higher liability and risk; however, many still only see rent-to-own as a predatory industry.  Forty-Six states recognize the transaction on
    its merits because local independent owners take extreme pride in their business in their respective states and have a voice there. The industry's showing on the Federal Government's Broadway stage has proven to be less than a 'Tony' performance and begs the question if we should be there at all?


     
  • Worthless
    sent anonymously
    I think you have no idea why certain donations are made and the tone of this article is something you'd expect from an enemy of the industry, not someone trying to make a living from it. It think it stinks!
12-04-02

Lead Story
Understanding the bottom line

  • Helpful
    This is why I pay an accountant!