Utah based Acima to be acquired for 1.65 billion.

Rent-A-Center is buying Draper Utah based Acima for 1.65 billion.

Acima is a lease to own platform.

Acima helps merchants to boost sales. According to FICO research, 43 percent of consumers have a credit score of less than 700. That often puts them into a category where they don’t qualify for traditional financing.