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
"I call on Governor Walker to protect Wisconsin youth currently at Lincoln Hills by immediately implementing these common-sense strategies."
MADISON – The following is a statement from Senator Chris Larson regarding the Senate passage of Senate Bill 48: “Each of our neighbors deserve to live in a healthy, safe community. Lead pipes are an avoidable public illness that is quietly devastating Wisconsin neighborhoods. Over the past few decades there has been significant research revealing […]