Customers make payments online to Rent-A-Center stores by visiting the online payment portal of the company's website and creating a payment account. Payments are processed through a credit or debit card, with options for one-time or recurring payments.
Online payment accounts are created either at the time the initial contract is signed or after the fact by visiting the payments page. Creating an account requires a valid email address and the customer's rental contract account number, which links the account to a specific payment plan.
Rent-A-Center offers customers the ability to rent furniture, electronics and home goods with options to eventually own the product. Rent-A-Center features three different purchasing plans based on the different needs and financial situations of its customers, as of April 2015. The first is a one-time cash purchase option which involves the customer paying the full list price of the item at the time of purchase. The second option consists of a 90-day payment plan wherein all customers are pre-approved for a line of credit that contains no interest if the product is fully paid for in 90 days. The final method is a custom payment plan with dates and terms agreed upon by both the customer and Rent-A-Center.