Sometimes, you’ll get their ads in your mailbox or see their stores as you are out and about.
Rent-to-Own stores have been around for a while now, and they are all offering the same thing.
A new TV for only $28.99 per week?
The hottest new gaming system for just $15 a month?
A new computer for $25 a month?
How can I lose?
The truth is that this enticing offer is – like the old saying goes – too good to be true.
If you’re paying nearly $30 a week for that sweet TV, you may not realize that the final price is way higher than just paying it upfront – after all the interest is calculated.
Example: If you’re paying $30/week on your TV and owe 70 weekly payments, the price inflates to $2,100. Meanwhile, at a standard store, the same model TV might be under $600!
The draw of places like this is the ability to pay very little upfront and still have a new item to enjoy, but there are more cost-effective ways to get that hot ticket item you’ve been eyeing.
We specialize in helping you reach those goals, so if you need help figuring out the smartest way to make owning a new TV happen, we want to hear from you.
Give us a call at 513-563-PLAN (7526) or head online to grab a free 15 minute consultation.