What: All Issues : Making Government Work for Everyone, Not Just the Rich or Powerful : Consumer Protection : H.R. 1701. Rent-to-Own Contracts/Passage of a Bill to Protect Consumers Against the Rent-To-Own Industry.
 Who: All Members
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H.R. 1701. Rent-to-Own Contracts/Passage of a Bill to Protect Consumers Against the Rent-To-Own Industry.
house Roll Call 395     Sep 18, 2002
Y = Conservative
N = Progressive
Winning Side:
Conservative

The subject of this vote was final passage of a bill to impose federal rules on the rent-to-own industry. Those rules would classify rent-to-own contracts as leases rather than credit payments. Progressives favored the credit payment classification rather than lease payments because consumers would be provided more protections against merchants under such a classification. The Truth in Lending Act, for instance, protects consumers making credit payments but not lease payments. The rent-to-own regulations were adopted on a vote of 215-201.

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