MZTI (MZTI.PK) Steers Toward RTO
The inception of the rent-to-own (RTO) industry in the 1960s was to cater to the needs of consumers who couldn’t afford the upfront costs or an extended credit line to purchase items such as electronics and major appliances. It’s one of the fastest-growing industries in the marketplace. Today, the $6.7 billion industry offers products from full bedroom suites to musical instruments to automobile rims and wheels. The attraction of renting-to-own is the ease of getting that product at no obligation and without accumulating debt or putting ones credit at risk. Usually purchase is hassle-free and comes with a free delivery…
