Best Buy (NYSE:BBY) planning to start the electronics rental program to help customers who do not meet the company’s credit standards

Best Buy (NYSE:BBY) planning to start the electronics rental program to help customers who do not meet the company’s credit standards

The company will open Rent-A-Center in its stores to help customers to take merchandise through rental arrangements. Customers can return the products after some time or buy them after paying fully.

One source said that the first RAC stores will open in California within weeks, however a Best Buy (NYSE:BBY) spokeswoman declined to comment.Read More