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Factoids |
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Polls can be found on the homepage, and in the left margin of all other pages on
www.rtoonline.com to see a different
poll, simply refresh the page |
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12.13% of respondents reported card close over 10% |
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41% reported a keep rate exceeding 50% |
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47.5% reported more than 500 active rental agreements per location |
Complete results are at the bottom of this page
From Card Close to Keep Rate, RTO Online has approximately 15
polls running at any give time. Admittedly unscientific, these
polls offer a snapshot for comparison of key variables to other
rent to own locations.
Current polling reveals interesting results.
- 12% of participants reported card close over 10%
- 47% of participants report a 'keep rate' exceeding 50%
We have broken down the results of 5 currently running polls
for your review below.
Card Close
Number of accounts past due at the end of the business week
Poll Hits: 3503
- 55.70% reported under 5%
- Nearly half of these reported under 3%
- 31.92% reported between 5% and 10%
- 12.38% reported over 10%
Used VS New
Percentage of merchandise on display that is
used/pre-rented
Poll Hits: 2669
- 27.45% reported more than 50% of merchandise on display is
used
- 27.5% reported less than 20% of merchandise on display is
used
Cost Recovery
How long does it take to recover cost under your current pricing
structure?
Poll Hits: 1535
- 40.91% reported it took between 20 and 25 weeks to recover
cost
- 13.64% reported it took more than 30 weeks to recover cost
Keep rate
The percentage of agreements that continue uninterrupted until
customer acquires ownership
Poll Hits: 1449
- 40.19% reported a keep rate over 50%
- 22.7% reported a keep rate between 20% and 30%
- 9.09% reported a keep rate below 10%
Active Agreements
Number of active agreements
Poll Hits: 1128
- 47.5% reported more than 500 agreements
- 17.5% reported between 400 and 450 agreements
- 10% reported fewer than 250 agreements
Actual results are below
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RTO Online is the official channel for Rent-to-Own Industry News and the
only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
of the entire RTO Industry for trusted information, as it happens. |
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