Rent-A-Center Will Offer Smartphones for Rent

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Need a smartphone to use while yours is out of commission? Want to make monthly payments for a smartphone but don’t qualify to do so through your phone company? If so, you may soon be able to rent a smartphone from your local Rent-A-Center.

With profits for the second quarter now projected to be lower than analysts anticipated, Rent-A-Center is looking for new ways to generate revenue. Rent-A-Center, the country’s largest rent-to-own operator, is planning to roll out the new smartphone program in its 2,800 stores in the United States by the end of this month.

“There’s already a pronounced appetite for smartphones and no-contract airtime plans,” said CEO Robert Davis. “While the roll-out of the smartphone product is part of a plan to address our business performance, we are also in the midst of a multi-year program designed to transform and modernize our operations company-wide in order to improve the profitability of our Core U.S. segment.”

The company will carry several models of the Samsung Galaxy phones, as well as other lesser-known models. The phones will work through carriers like NET 10 Wireless, SIMPLE Mobile and Telcel America.

About Sarah Hefner

Sarah Hefner has written for several publications and served as an editor to various writers. She graduated from Auburn University with a Bachelor degree in Public Relations. Sarah can be contacted at [email protected]