Penalty Amount
$183,500,000
Colorado and other states settled allegations that Acima deceptively advertised rent-to-own agreements, concealed markups and fees, and automatically placed consumers into more expensive 12-month payment plans. The settlement requires changes to Acima’s practices and provides lease forgiveness and restitution to Colorado consumers, as well as payment to the state.
Acima agreed to comply with the Colorado Rental Purchase Agreement Act and Colorado Consumer Protection Act, stop obstructing consumers who terminate agreements by returning merchandise, and refrain from reporting rental-purchase agreements to the three major credit reporting agencies for five years. It will provide $1.36 million in lease forgiveness to 1,229 Colorado consumers, pay $450,000 in restitution to 1,631 Colorado consumers, and pay $389,000 to Colorado.
Review customer-facing rental-purchase agreements, checkout flows, and marketing terms to ensure they clearly disclose the cash price, markups, fees, total payment obligation, and consequences of defaulting into a longer payment term; avoid describing rent-to-own arrangements as traditional credit where that may mislead consumers. Check customer cancellation and merchandise-return provisions for clear, penalty-free termination rights, and review credit-reporting permissions and restrictions, including any applicable prohibition period. Vendor and servicing agreements should allocate responsibility for accurate disclosures, delivery and damaged-goods handling, repairs, complaint escalation, consumer remediation, and records needed to administer restitution or lease forgiveness; employee sales scripts and incentives should also be checked for consistency with these terms.
Entity
Acima Digital, LLC
Industry
Financial ServicesOfficial Press Release
https://coag.gov/press-releases/attorney-general-phil-weiser-announces-183-5-million-multistate-settlement-with-rent-to-own-finance-company-acima-digital-llc/
2026.11.12 Acima Multistate Ex. A Colorado Consent Judgment
https://coag.gov/app/uploads/2026/11/2026.11.12-Acima-Multistate-Ex.-A-Colorado-Consent-Judgment.pdf
2026.11.12 Acima Multistate Colorado Complaint
https://coag.gov/app/uploads/2026/11/2026.11.12-Acima-Multistate-Colorado-Complaint.pdf
Colorado Attorney General Enforcement Page
https://coag.gov/
"Acima Digital, LLC"
"$183.5 million settlement"
"Comply with the Colorado Rental Purchase Agreement Act."
"Comply with the Colorado Consumer Protection Act."
"Acima obstructed their attempt to terminate their rental-purchase agreements without penalty by returning their merchandise to Acima."
"consumers were automatically defaulted into the maximum 12-month term"
$10.5M
Virginia and 42 other states reached a settlement with Acima Digital, LLC and its parent over allegedly deceptive rent-to-own advertising, pricing, electronic agreement execution, and servicing practices. The $183.5 million settlement includes restitution, a payment to the states, lease balance reductions, and injunctive terms addressing those practices.
$60.0M
Colorado and other states reached a settlement with Family Dollar after finding that customers were charged more at checkout than prices advertised or shown on shelves. The settlement calls for consumer restitution and discounts, a Colorado payment, and requirements for pricing controls, assessments, reporting, and consumer notices.
$48.5M
A multistate investigation found that Progress Residential misled renters through false rental-price advertising and hidden fees, and failed to properly inspect or repair homes and address serious maintenance and billing concerns. The settlement requires clearer fee disclosures and bars improper fees, among other requirements, and requires the company to pay $48.5 million to the FTC and the states.
$130K
Colorado settled allegations that Urban Talent Management and Style Incorporated used unfair paid-training contracts and lending practices, including unlawful contract terms, excessive fees, and inadequate lending disclosures. The companies agreed to stop offering paid training in Colorado, notify affected consumers, halt collection on specified accounts and debt, pay $10,000 in investigation costs, and accept a $120,000 suspended penalty conditioned on compliance.
Colorado, the FTC, and a bipartisan group of state attorneys general sued Toast, alleging misleading claims about its subscription services and financial products, undisclosed fees, and obstacles to cancelling subscriptions. The coalition is asking the court for an injunction, monetary relief, civil penalties, and other relief; the press release does not report an imposed penalty.
$220.0M
General Motors agreed to a nationwide $220 million settlement over allegations that it sold drivers’ identifiable driving behavior and location data to data brokers, which then sold it to insurers. The settlement requires affirmative express consent before collecting or disclosing driving and location data, limits data collection, and imposes privacy-program assessments and dealership oversight and training.