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                                                                    EXHIBIT 10.4

                  SECOND AMENDMENT, dated as of November 26, 2001 (this "Second
Amendment"), to the CREDIT AGREEMENT, dated as of August 5, 1998, as amended and
restated as of June 29, 2000, as amended by the First Amendment dated as of May
8, 2001 (the "Credit Agreement"), among RENT-A-CENTER, INC. (the "Borrower"),
the Lenders party to the Credit Agreement, the Documentation Agent and
Syndication Agent named therein and JPMORGAN CHASE BANK (formerly known as The
Chase Manhattan Bank), as Administrative Agent (in such capacity, the
"Administrative Agent"). Terms defined in the Credit Agreement shall be used in
this Second Amendment with their defined meanings unless otherwise defined
herein.

                                   WITNESSETH:

                  WHEREAS, the Borrower wishes to amend the Credit Agreement in
the manner set forth herein; and

                  WHEREAS, each of the parties hereto is willing to enter into
this Second Amendment on the terms and subject to the conditions set forth
herein;

                  NOW, THEREFORE, in consideration of the premises and for other
good and valuable consideration the receipt and sufficiency of which is hereby
acknowledged, the parties hereto hereby agree as follows:

         SECTION I. AMENDMENTS TO CREDIT AGREEMENT.

                  1. Section 1.1--"Consolidated Net Income Amount". Section 1.1
of the Credit Agreement is hereby amended by adding the following new definition
in the appropriate alphabetical order:

         "Consolidated Net Income Amount": at any date of determination, an
         amount equal to cumulative Consolidated Net Income from January 1, 2002
         through the last day of the most recent fiscal quarter for which
         financial statements have been delivered pursuant to Section 6.1.

                  2. Section 1.1--"Applicable Margin". The definition of
"Applicable Margin" contained in Section 1.1 of the Credit Agreement is hereby
amended by adding the following sentence to the end thereof:

         "Notwithstanding the foregoing, effective on the date of effectiveness
         of the Second Amendment to this Agreement, the Applicable Margin for
         all Loans shall be increased by 0.25% above the Applicable Margin that
         would otherwise be in effect pursuant to the Pricing Grid or the
         foregoing provisions of this definition."

                  3. Section 1.1--"Eurodollar Base Rate". The definition of
"Eurodollar Base Rate" contained in Section 1.1 of the Credit Agreement is
hereby amended and restated in its entirety as follows:

                  "Eurodollar Base Rate": with respect to each day during each
         Interest Period pertaining to a Eurodollar Loan (other than any
         Eurodollar Loan having a seven-day Interest Period), the rate per annum
         determined on the basis of the rate for deposits in Dollars for a
         period equal to such Interest Period commencing on the first day of
         such Interest Period appearing on Page 3750 of the Telerate screen as
         of 11:00 A.M., London time, two Business Days prior to the beginning of
         such Interest Period, provided that if such rate does not appear on
         Page 3750 of the Telerate


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         screen (or otherwise on such screen) the "Eurodollar Base Rate" shall
         be determined by reference to such other comparable publicly available
         service for displaying eurodollar rates as may be selected by the
         Administrative Agent. If no such rate is available or if the Eurodollar
         Base Rate is being determined in connection with any Eurodollar Loan
         having a seven-day Interest Period, such rate shall be determined by
         reference to the rate at which the Administrative Agent is offered
         Dollar deposits at or about 10:00 A.M., New York City time, two
         Business Days prior to the beginning of such Interest Period in the
         interbank eurodollar market where its eurodollar and foreign currency
         and exchange operations are then being conducted for delivery on the
         first day of such Interest Period for the number of days comprised
         therein.

                  4. Section 1.1--"Excess Cash Flow". The definition of "Excess
Cash Flow" contained in Section 1.1 of the Credit Agreement is hereby amended by
(a) amending and restating the parenthetical contained in clause (a)(iv) thereof
as follows:

         "(other than Dispositions of (x) rental merchandise otherwise included
         in changes in Consolidated Working Capital and (y) inventory in the
         ordinary course of business)"

and (b) inserting the following parenthetical at the end of clause (b)(iv)
thereof:

         "(including prepayments of the Term Loans required by Section 7.6(e) or
         clause (ii) of the proviso contained in Section 7.9(a))"

                  5. Section 1.1--"Interest Period". The definition of "Interest
Period" contained in Section 1.1 of the Credit Agreement is hereby amended by
(a) inserting the words "seven days (in the case of Revolving Loans only) or"
before each occurrence of the words "one, two, three or six months" contained
therein and (b) adding the following sentence to the end thereof:

         "Notwithstanding the foregoing, clause (iii) above shall not apply to
         Eurodollar Loans having a seven-day Interest Period."

                  6. Section 1.1--"LC Commitment". The definition of "LC
Commitment" contained in Section 1.1 of the Credit Agreement is hereby amended
by replacing the amount "$75,000,000" contained therein with the words "the
amount of the Total Revolving Commitments".

                  7. Section 2.11(b). Section 2.11(b) of the Credit Agreement is
hereby amended by inserting the following parenthetical after the percentage
"100%" contained therein:

                  "(or, in the case of Indebtedness incurred pursuant to Section
                  7.2(f) after the effective date of the Second Amendment to
                  this Agreement, 30% (a "30% Application Transaction"))"

                  8. Section 2.17(c). Section 2.17(c) of the Credit Agreement is
hereby amended and restated in its entirety as follows:

                  "(c) Notwithstanding anything to the contrary in this
         Agreement, with respect to any mandatory prepayment pursuant to Section
         2.11(b) in connection with any 30% Application Transaction (as defined
         in said Section), each Term Lender shall have the right to reallocate
         any prepayment allocated to any of its Term Loans to any of its other
         Term Loans, as designated by such Lender to the Administrative Agent.
         Accordingly, the date on which any such prepayment is required to be
         made may be extended by the Administrative Agent to the extent
         necessary to determine the manner in which the Term Lenders wish to
         have such prepayment allocated."


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                  9. Section 7.2(d). The first item listed on Schedule 7.2(d) is
hereby replaced by the following item:

         "Unsecured debt owed to INTRUST Bank, N.A., pursuant to a line of
         credit in the amount of $10,000,000 (it being understood that,
         notwithstanding anything to the contrary in Section 7.2(d), such debt
         need not have been outstanding on the Restatement Effective Date)."

                  10. Section 7.2(f). Section 7.2(f) of the Credit Agreement is
hereby amended by changing the amount "$175,000,000" contained therein to the
amount "$275,000,000".

                  11. Section 7.6. Section 7.6 of the Credit Agreement is hereby
amended by (a) changing the reference to "Section 7.9(a)" contained in Section
7.6(d) thereof to a reference to "clause (i) of the proviso contained in Section
7.9(a)" and (b) adding the following new paragraph (e) to the end thereof:

                  "(e) in addition, so long as no Default or Event of Default
         shall have occurred and be continuing, the Borrower may repurchase its
         common stock so long as (i) such repurchase is made after the baskets
         set forth in paragraphs (b) and (d) above have been fully utilized,
         (ii) the aggregate amount expended in connection therewith pursuant to
         this paragraph (e), when added to the aggregate amount expended to
         repurchase Senior Subordinated Notes pursuant to Section 7.9(a), does
         not exceed 25% of the Consolidated Net Income Amount and (iii) within
         three Business Days after the date of such repurchase, the Borrower
         shall prepay the Term Loans pursuant to Section 2.10 in an amount equal
         to 100% of the amount being expended to make such repurchase."

                  12. Section 7.9(a). The proviso contained in Section 7.9(a) of
the Credit Agreement is hereby amended and restated in its entirety as follows:

         ", provided, that, so long as no Default or Event of Default shall have
         occurred and be continuing, (i) the Borrower may repurchase Senior
         Subordinated Notes so long as the aggregate amount so expended pursuant
         to this clause (i), when added to the aggregate amount expended to
         repurchase common stock of the Borrower pursuant to Section 7.6(d),
         does not exceed $50,000,000 and (ii) in addition, the Borrower may
         repurchase Senior Subordinated Notes so long as (x) such repurchase is
         made after the basket set forth in clause (i) above has been fully
         utilized, (y) the aggregate amount so expended pursuant to this clause
         (ii), when added to the aggregate amount expended to repurchase common
         stock of the Borrower pursuant to Section 7.6(e), does not exceed 25%
         of the Consolidated Net Income Amount and (z) within three Business
         Days after the date of such repurchase, the Borrower shall prepay the
         Term Loans pursuant to Section 2.10 in an amount equal to 100% of the
         amount being expended to make such repurchase"

                  13. Section 7.9(b). Section 7.9(b) of the Credit Agreement is
hereby amended by inserting at the end thereof the following parenthetical:

         "(it being understood that amendments designed to permit an additional
         issuance of Senior Subordinated Notes incurred in accordance with
         Section 7.2(f) shall not be restricted by this clause (b))"


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         SECTION II. MISCELLANEOUS.

                  1. No Change. Except as expressly provided herein, no term or
provision of the Credit Agreement shall be amended, modified or supplemented,
and each term and provision of the Credit Agreement shall remain in full force
and effect.

                  2. Effectiveness. This Second Amendment shall become effective
as of the date hereof upon receipt by the Administrative Agent of (a)
counterparts hereof duly executed by the Borrower, (b) executed consent letters
authorizing the Administrative Agent to enter into this Second Amendment from
the Required Prepayment Lenders and (c) for the account of each Lender that has
submitted an executed consent letter to the Administrative Agent (or its
counsel) by 12:00 noon, New York City time, on December 4, 2001, an amendment
fee equal to 0.15% of each such Lender's Revolving Commitment and/or Term Loans.
Such fee will not be paid to any of the Lenders unless the requested amendments
are approved by the Required Prepayment Lenders.

                  3. Counterparts. This Second Amendment may be executed by the
parties hereto in any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument.

                  4. Governing Law. THIS SECOND AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES UNDER THIS SECOND AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.



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                  IN WITNESS WHEREOF, the parties hereto have caused this Second
Amendment to be duly executed and delivered as of the day and year first above
written.


                                        RENT-A-CENTER, INC.



                                        By:      /s/ Mitchell E. Fadel
                                           ------------------------------------
                                                 Mitchell E. Fadel
                                                 President


                                        JPMORGAN CHASE BANK (formerly known as
                                        The Chase Manhattan Bank), as
                                        Administrative Agent


                                        By:      /s/ Allen King
                                           ------------------------------------
                                                 Allen King
                                                 Vice President