The Latest: Wisconsin Assembly approves rent-to-own bill


The Latest: Wisconsin Assembly approves rent-to-own bill


The Latest on Wisconsin Legislature (all times local):

11:30 p.m.

The state Assembly has passed a Republican bill that would exempt rent-to-own businesses from Wisconsin`s consumer protection act.

The Assembly passed the bill 59-35 Tuesday. It goes next to the state Senate.

The consumer protection act currently requires rent-to-own companies to disclose their interest rates. The bill wouldn`t require companies to divulge their rates, although they would have to disclose the difference between the total cost of payments to acquire ownership and the price of the property...

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Ken Notes: this won`t help, what you need as a community is a development agreement that guarantees value regardless of tenant or ownership process...

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- - Volume: 6 - WEEK: 8 Date: 2/22/2018 8:46:46 AM -