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Rent-A-Center's Formula: Charge A Fee More at each Action
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Can you spend twice the cost for the sofa or automatic washer it right now if you could have? Think about five times the maximum amount of? That is exactly exactly exactly just how much customers can
Can you spend twice the cost for the sofa or washer it right now if you could have?
Think about 5 times just as much?
Which is exactly just just just how much customers can spend if they store at Rent-A-Center, the country's biggest 'rent-to-own' business, which leases furniture, electronic devices and devices from a large number of its stores in the united states.
The U.S. rent-to-own industry " worth $8 billion, in accordance with some industry estimates " allows consumers to rent big-ticket products without a credit check and pay in regular installments until they just just simply just take ownership for the items.
To customers whom may well not be eligible for other forms of funding, rent-to-own is marketed as an inexpensive, convenient option: bring your fantasy couch home now, spend later on.
Rent-A-Center agreements could be confusing, with charges along with other cyclists which could harm a renter's credit, NerdWallet and Raycom Media present in reviewing large number of customer complaints to convey and federal agencies across the nation.