Predatory Rent-to-Own Bill Stalled
"This proposal would have invited into Wisconsin those that prey on our military families and neighbors that are struggling financially."
Milwaukee, WI – Today, Senator Chris Larson offered the following comments regarding the bipartisan rejection of Senate Bill 637:
“Today, a majority of the members of the Senate Committee on Agriculture, Small Business, and Tourism voted against a proposal that would eliminate consumer safeguards critical to protecting our neighbors from the predatory rent-to-own industry that plagues other states.
“This proposal would have invited into Wisconsin those that prey on our military families and neighbors that are struggling financially. It would allow shady business practices that trap consumers in debt, while also no longer prohibiting deceptive and harassing debt collection.
“The Wisconsin Consumer Protection Act works. This bill is like firing the babysitter, because there were no accidents. It is shortsighted and ignores the hazards of unleashing this industry onto our neighbors.”
Mentioned in This Press Release
Recent Press Releases by State Sen. Chris Larson
"In his first State of the State Address, Governor Evers laid out a strong vision for a first term that has a foundation in working together for the benefit of all of our friends and neighbors, not just those who can afford an army of lobbyists."
"It is a new era for Wisconsin politics and I am thankful and grateful to be a part of building a better future for all of us."
"Scott Walker is leaving the Governorship the same way he arrived: in chaos."