Surely that is not true? I thought rental fees were common with using the vendor equipment (something like $10/month). It is a frequently listed as a cost cutting measure to buy your own modem rather than rent from The ISP. A modem is $100-200, so you should be net positive after a year on the investment.
No longer true last time I went in to renegotiate my service plan, I got a better monthly rate and higher bandwidth using their gear. I had previously used my own modem and router.
Similarly, never seen limitations on speed or allotment if using owned equipment. The ISP will give a big scary message about how support will be unable to help you if things go wrong, but that’s the extent of it.