UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                SCHEDULE 13G

                 Under the Securities Exchange Act of 1934
                          (Amendment No.   1   )*
                                         ------

                              Renters Choice
                     ----------------------------------
                              (Name of Issuer)

                              COMMON STOCK
                     ----------------------------------
                       (Title of Class of Securities)

                                760114108
                     ----------------------------------
                              (CUSIP Number)

Check the following box if a fee is being paid with this statement / /.  (A 
fee is not required only if the filing person: (1) has a previous statement 
on file reporting beneficial ownership of more than five percent of the class 
of securities described in Item 1; and (2) has filed no amendment subsequent 
thereto reporting beneficial ownership of five percent or less of such 
class.)  (See Rule 13d-7).

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,  
and for any subsequent amendment containing information which would alter the 
disclosures provided in a prior page.

The information required in the remainder of this cover page shall not be 
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange 
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of 
the Act but shall be subject to all other provisions of the Act (however, see 
the Notes).


                              Page 1 of 5 Pages
                                       


CUSIP No. 760114108                   13G                 Page  2  of  5  
          ---------                                            ---    --- 

- -------------------------------------------------------------------------------
 (1) Name of Reporting Person  S.S. or I.R.S. Identification No. of Above
     Person
     MONTGOMERY ASSET MANAGEMENT, LLC 94-3273703
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization
     DELAWARE
- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting Power
 Beneficially                     1,127,700   (as of 12/31/97)
 Owned by                    --------------------------------------------------
 Each Reporting               (6) Shared Voting Power
 Person With                      -0-  
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                  1,739,200   (as of 12/31/97)  
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                                  -0-  
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
     1,739,200  (as of 12/31/97)
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
     Not applicable
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
     6.99%      (as of 12/31/97)
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
     IA
- -------------------------------------------------------------------------------
                           *SEE INSTRUCTIONS



                                                          Page  3  of  5 
                                                               ---    --- 


ITEM 1
- -------------------------------------------------------------------------------
(a).  NAME OF ISSUER
      Renters Choice Inc.
- -------------------------------------------------------------------------------
(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
      13800 Montfort Dr., Ste. 300, Dallas, TX 75240
- -------------------------------------------------------------------------------


ITEM 2
- -------------------------------------------------------------------------------
(a).  NAME OF PERSON FILING
      MONTGOMERY ASSET MANAGEMENT, LLC
- -------------------------------------------------------------------------------
(b).  ADDRESS OF PRINCIPAL BUSINESS OFFICE
      101 CALIFORNIA STREET, SAN FRANCISCO, CA 94111
- -------------------------------------------------------------------------------
(c).  CITIZENSHIP
      DELAWARE LIMITED LIABILITY COMPANY 
- -------------------------------------------------------------------------------
(d).  TITLE OF CLASS OF SECURITIES
      Common Stock
- -------------------------------------------------------------------------------
(e).  CUSIP NUMBER
      760114108
- -------------------------------------------------------------------------------


ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b),
  CHECK WHETHER THE PERSON FILING IS A:

    (a) / / Broker or Dealer registered under Section 15 of the Act

    (b) / / Bank as defined in section 3(a)(6) of the Act

    (c) / / Insurance Company as defined in section 3(a)(19) of the Act

    (d) / / Investment Company registered under section 8 of the Investment
            Company Act

    (e) /x/ Investment Adviser registered under section 203 of the Investment
            Advisers Act of 1940

    (f) / / Employee Benefit Plan, Pension Fund which is subject to the
            provisions of the Employee Retirement Income Security Act of 1974
            or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)

    (g) / / Parent Holding Company, in accordance with Section 
            240.13d-1(b)(ii)(G) (Note: See Item 7)

    (h) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)


                                                          Page  4  of  5  
                                                               ---    --- 

ITEM 4.  OWNERSHIP

    (a) Amount Beneficially Owned:
        1,739,200 (as of 12/31/97)
    ---------------------------------------------------------------------------

    (b) Percent of Class:
        6.99% (as of 12/31/97)
    ---------------------------------------------------------------------------

    (c) Number of shares as to which such person has:

    ---------------------------------------------------------------------------

          (i) Sole power to vote or to direct the vote
              1,127,700 (as of 12/31/97)
              -----------------------------------------------------------------
         (ii) Shared power to vote or to direct the vote
              -0-
              -----------------------------------------------------------------
        (iii) Sole power to dispose or to direct the disposition of
              1,739,200 (as of 12/31/97)
              -----------------------------------------------------------------
         (iv) Shared power to dispose or to direct the disposition of
              -0-
              -----------------------------------------------------------------

ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
- -------------------------------------------------------------------------------
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following.  / /
- -------------------------------------------------------------------------------

ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

- -------------------------------------------------------------------------------
                          Not applicable
- -------------------------------------------------------------------------------

ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
  THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

- -------------------------------------------------------------------------------
                          Not applicable
- -------------------------------------------------------------------------------



                                                          Page  5  of  5 
                                                              ----    ----

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

- -------------------------------------------------------------------------------
                          Not applicable
- -------------------------------------------------------------------------------

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP

- -------------------------------------------------------------------------------
                          Not applicable
- -------------------------------------------------------------------------------

ITEM 10. CERTIFICATION

    By signing below I certify  that,  to the best of my  knowledge and belief,
the  securities  referred to above  were  acquired in the  ordinary  course  of
business and were not acquired for the purpose of and do not have the effect of
changing or  influencing the  control of the issuer of such securities and were
not acquired in  connection with or as a participant in any  transaction having
such purposes or effect.

                                  SIGNATURE

    After  reasonable  inquiry and to the  best of my  knowledge and  belief, I
certify that the  information set forth in this statement is true, complete and
correct.
                                                    1/30/98
                                       ----------------------------------------
                                                    (Date)

                                               /s/ Dana Schmidt
                                       ----------------------------------------
                                                   (Signature)

                                        DANA SCHMIDT, CORP. VP & PRINCIPAL
                                       ----------------------------------------
                                                   (Name/Title)