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Los Angeles-based Rent-to-Own Furniture Startup Agrees to Refund Overcharges and Comply with Consumer Protection Laws

In its first action against a rent-to-own firm violating the California Consumer Financial Protection Law (CCFPL), the DFPI today finalized a settlement with Los Angeles-based rent-to-own furniture provider Fernished, Inc., doing business as Fernish.

DFPI Efforts Spur Participation in Mortgage Relief Program Funded by U.S. Treasury

Following the announcement from Gov. Gavin Newsom of the approval by the U.S. Treasury to provide $1 billion in mortgage relief grants to homeowners, the DFPI highlights efforts that spurred participation in the program and helped forge a national model to protect homeowners impacted by the COVID-19 pandemic.

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Seal of the Governor of the State of California

Gavin Newsom

California Governor

Office of the Governor
Alexis Podesta, Secretary, Business, Consumer Services and Housing Agency

Lourdes M. Castro Ramírez

Secretary, Business, Consumer Services and Housing Agency

Business, Consumer Services and Housing Agency
Clothilde V. Hewlett, Commissioner of the Department of Financial Protection and Innovation

Clothilde V. Hewlett

Commissioner of Financial Protection and Innovation

Commissioner