On Mother's Day, RNR Tire Express continued its tradition of an annual car giveaway to one special mother. From the end of April, RNR communities had the opportunity to nominate standout mothers from their stories of sacrifice, commitment and dedication to motherhood.

 

This year the winner selected is a woman who's taken selfless actions and committed to helping others amid the pandemic. As a full-time nurse and graduate student working towards her master's degree, Angela Carley is this year's winner. 

The Federal Reserve Board announced recently that nearly 40% of households with incomes below $40k lost jobs in March. This large drop is a signal that many RTO customers will potentially file for bankruptcy.

 

If you get a notice from the bankruptcy court about a customer filing, the first step is to get the APRO Bankruptcy Manual and read it. There are many limitations that dealers will face through customer bankruptcies.

 

Check your inbox for an APRO Member Alert sent May 19, with more steps in how a dealer can manage their collections during a customer's bankruptcy.

Did you miss the webinar on The Math on PPP Loan Forgiveness — Part 2? Thank you Mike Helton for clearing up the details. The recording is available to APRO members. Please email us at info@rtohq.org for a copy.
  
If you aren't a member yet, learn more about how to join to receive these member benefits

The first edition of the RTO Classifieds debuted on Friday! Check your junk mail if you didn't receive it. If you then need tech support, email us at info@rtohq.org.

 

Posting an ad in the RTO Classifieds is free of charge for APRO members. Each ad will run for four weeks and will be automatically deleted thereafter. All ads must include a complete submission form and be received by Friday at 12 PM CT for posting on Wednesday of the following week.

 

Get your free ad placed today. The next issue is coming out in a few days.

For over a decade, APRO members have contributed significantly to the APRO Charitable Foundation Scholarship Fund, which so far has awarded 357 scholarships of $830,750 to students associated with the rent-to-own industry. There will be many students who will apply, hoping that APRO can assist them as they pursue their college degrees. 
 
We invite you to contribute as a member of the Society for Tomorrow by making a pledge on the APRO Society for Tomorrow Fundraising Page. The page allows you to input your information in the appropriate donor level (Regent, Chancellor, President, Provost, Dean, Professor or Founding) and make a payment or request to be invoiced.
 
The number of scholarships awarded is determined by the ongoing commitment of the Society For Tomorrow contributors, so we ask that you please make your donation no later than June 15, 2020.
 
We appreciate your support and look forward to another successful year of building a brighter future for these important members of the rent-to-own industry!