Comments on: Renting Furniture is a Bad Idea! http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 By: mm http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-430900 mm Mon, 20 Jul 2009 17:35:11 +0000 http://allfinancialmatters.com/?p=1678#comment-430900 Not everyone who can’t get credit and has to rent to own has bad credit. I, and many other young people, don’t have credit and with the credit crunch can’t get hardly any credit, and the credit cards available have ridiculously high APR’s. Not everyone who can’t get credit and has to rent to own has bad credit. I, and many other young people, don’t have credit and with the credit crunch can’t get hardly any credit, and the credit cards available have ridiculously high APR’s.

]]> By: Topics about Creditcards » Archive » Comment on Renting Furniture is a Bad Idea! by Topics about http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-412371 Topics about Creditcards » Archive » Comment on Renting Furniture is a Bad Idea! by Topics about Fri, 03 Apr 2009 17:09:54 +0000 http://allfinancialmatters.com/?p=1678#comment-412371 [...] Cashcow.in created an interesting post today on Comment on Renting Furniture is a Bad Idea! by Topics aboutHere’s a short outline[...] And So I Go: Yesterday, Today and Tomorrow put an intriguing blog post on Comment on Renting Furniture is a Bad Idea! by C SHere’s a quick [...] [...] Cashcow.in created an interesting post today on Comment on Renting Furniture is a Bad Idea! by Topics aboutHere’s a short outline[...] And So I Go: Yesterday, Today and Tomorrow put an intriguing blog post on Comment on Renting Furniture is a Bad Idea! by C SHere’s a quick [...]

]]> By: Topics about Creditcards » Archive » Comment on Renting Furniture is a Bad Idea! by C S http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-412356 Topics about Creditcards » Archive » Comment on Renting Furniture is a Bad Idea! by C S Fri, 03 Apr 2009 15:07:21 +0000 http://allfinancialmatters.com/?p=1678#comment-412356 [...] And So I Go: Yesterday, Today and Tomorrow put an intriguing blog post on Comment on Renting Furniture is a Bad Idea! by C SHere’s a quick excerpt…has bad credit. I, and many other young people, don’t have credit and with the credit crunch can’t get hardly any credit, and the credit… [...] [...] And So I Go: Yesterday, Today and Tomorrow put an intriguing blog post on Comment on Renting Furniture is a Bad Idea! by C SHere’s a quick excerpt…has bad credit. I, and many other young people, don’t have credit and with the credit crunch can’t get hardly any credit, and the credit… [...]

]]> By: betty bishop http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-409400 betty bishop Sat, 21 Mar 2009 04:14:03 +0000 http://allfinancialmatters.com/?p=1678#comment-409400 looking to finance some furniture but my credit is not so good looking to finance some furniture but my credit is not so good

]]> By: C S http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-405082 C S Sun, 01 Mar 2009 04:15:34 +0000 http://allfinancialmatters.com/?p=1678#comment-405082 Not everyone who can't get credit and has to rent to own has bad credit. I, and many other young people, don't have credit and with the credit crunch can't get hardly any credit, and the credit cards available have ridiculously high APR's. And some people just don't want credit. Not everyone who can’t get credit and has to rent to own has bad credit. I, and many other young people, don’t have credit and with the credit crunch can’t get hardly any credit, and the credit cards available have ridiculously high APR’s.

And some people just don’t want credit.

]]> By: marvin rodriguez http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-371634 marvin rodriguez Mon, 20 Oct 2008 05:16:57 +0000 http://allfinancialmatters.com/?p=1678#comment-371634 everything is economics. rent to own is a rip off. walmart put mom and pop out of business. not to mention the average item sold by walmart has 350% markup(who cares the average ticket is $20.). i have rent a washer from a local rent to own store.i was paying 18.35 a week for 104 weeks. in those 2 years. they delivery my washer and dryer. set them up. repair my washer twice, dryer once.they had give a loaner drye while my original dryer was on repair. they move washer and dryer, to my new address. every week when i was gong to pay,they greet me by my name. their service is overwhelming. the economics is overlook. you can't put price on conveniece.service.worry free. the most friendly people. everything is economics. rent to own is a rip off. walmart put mom and pop out of business. not to mention the average item sold by walmart has 350% markup(who cares the average ticket is $20.).

i have rent a washer from a local rent to own store.i was paying 18.35 a week for 104 weeks. in those 2 years. they delivery my washer and dryer. set them up. repair my washer twice, dryer once.they had give a loaner drye while my original dryer was on repair. they move washer and dryer, to my new address. every week when i was gong to pay,they greet me by my name. their service is overwhelming.

the economics is overlook.
you can’t put price on conveniece.service.worry free. the most friendly people.

]]> By: Apartments in Valencia http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-369654 Apartments in Valencia Thu, 16 Oct 2008 08:33:50 +0000 http://allfinancialmatters.com/?p=1678#comment-369654 One reason that I’ve heard for renting furniture is if you’re only temporarily in a location. Rent the furniture for a year, and the store will pick it up when you’re done. One reason that I’ve heard for renting furniture is if you’re only temporarily in a location. Rent the furniture for a year, and the store will pick it up when you’re done.

]]> By: aaron king http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-333017 aaron king Mon, 14 Jul 2008 08:30:07 +0000 http://allfinancialmatters.com/?p=1678#comment-333017 I rented (to own)a top of the line washer and dryer from Aarons sales and leasing. At Aarons you can pay off 90 days same as cash. After that you can still pay off early and save the lion's share of additional "interest." It's not truly interest, but at the end of the day, everytime I made a payment I reduced my principal by an amount equal to about 60% of my monthly payment. Sure there are better options for people who have made few if any mistakes, but for me it was actually a fair deal. I rented (to own)a top of the line washer and dryer from Aarons sales and leasing. At Aarons you can pay off 90 days same as cash. After that you can still pay off early and save the lion’s share of additional “interest.” It’s not truly interest, but at the end of the day, everytime I made a payment I reduced my principal by an amount equal to about 60% of my monthly payment. Sure there are better options for people who have made few if any mistakes, but for me it was actually a fair deal.

]]> By: Iszy http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-330906 Iszy Tue, 08 Jul 2008 23:46:52 +0000 http://allfinancialmatters.com/?p=1678#comment-330906 I really needed couches but could not afford the full price. So I went to rent a center. I was told that if I pay off the couches in three months I pay average price for them. If I go over the three months then I will be stuck in there 1 year contract. I was also told that if I return my couches in three months and decided on another set that the money I put down on the first set would roll over to my new set and I would get another 3 months to pay them off. I got my washer, dryer, couches, and my 42" flat screen TV and now want to back for a bedroom set. I really needed couches but could not afford the full price. So I went to rent a center. I was told that if I pay off the couches in three months I pay average price for them. If I go over the three months then I will be stuck in there 1 year contract. I was also told that if I return my couches in three months and decided on another set that the money I put down on the first set would roll over to my new set and I would get another 3 months to pay them off. I got my washer, dryer, couches, and my 42″ flat screen TV and now want to back for a bedroom set.

]]> By: Lynn http://allfinancialmatters.com/2007/03/26/renting-furniture-is-a-bad-idea/comment-page-1/#comment-324908 Lynn Mon, 23 Jun 2008 00:47:31 +0000 http://allfinancialmatters.com/?p=1678#comment-324908 I used a rent to own twice about 10 years ago with good results. We had filed bankruptcy, and of course the refrigerator, then the washer and dryer decided to bite the dust. We used the 90 days same as cash and the prices were comparable to other stores and the products were name brands. I agree with not buying on the long term payment plans, but if you can pay for the items in the 90 days same as cash, they can be a good deal. I used a rent to own twice about 10 years ago with good results. We had filed bankruptcy, and of course the refrigerator, then the washer and dryer decided to bite the dust. We used the 90 days same as cash and the prices were comparable to other stores and the products were name brands. I agree with not buying on the long term payment plans, but if you can pay for the items in the 90 days same as cash, they can be a good deal.

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