CreditWatch Services Announces Rent-A-Center as New Client

CreditWatch Services (CWS) is proud to announce a new business initiative with Rent-A-Center (RAC).  Supporting RAC’s accounts receivables revenue cycle, CWS has been retained to pursue collections of delinquent accounts within RAC’s Rent-To-Own (RTO) business unit.

“CreditWatch is excited to enter in to this new venture with Rent-A-Center delivering a best in class business model.  We fully expect great, above standard recovery for them,” said Joseph F. Tempesta, President of CreditWatch.  James Fuller, CWS’s Vice President, Sales & Marketing noted that, “Having creatively solved difficult consumer portfolio challenges previously, we are adept at enhancing net cash recovery.  RAC’s RTO portfolio, although challenging, is the type of business that we excel at.”

Rent-A-Center is the largest rent-to-own operator in the U.S, founded in 1986.  Rent-A-Center owns and operates more than 3,000 stores in 50 states, including Washington, D.C., Canada, and Puerto Rico.  They provide name brand home electronics, furniture, appliances, and computers, for rent or for sale, and most of their clients eventually own their items.

Founded in 1990, CreditWatch is a full cycle AR management and collections firm headquartered in Ft. Worth, TX.  With three additional facilities in New Mexico and Louisiana, CreditWatch executes bi-lingual services deploying an on-shore platform supported by industry best technology and practices.