The 5 Best Furniture Rental Companies of 2021 CORT: Best Overall. Feather: Best for City Renters. Brook Furniture Rental : Best for Customer Service. Oliver Space: Best for Style. Aaron’s: Best for Rent-to-Own .
“Overall, rent-to-own programs often charge high rates that leave consumers paying significantly more than the furniture they are buying. That’s not worth it for any consumer,” said Adam Garber, of the U.S. Public Interest Research Group (PIRG).
After calling you and your references, if Aaron’s is unable to get in touch with you it can sell your debt to a debt collection agency. The collection agency can attempt to take you to court, and can , in some cases, have you arrested if you fail to meet a court date or make a court-ordered payment .
At Rent-A-Center , you can rent to own — or purchase outright — used furniture , appliances, computers, electronics and smartphones, making it even more affordable to get the items you want.
Although it’s clear that Rent a Center is a rip-off , they’re not the only store scamming people out of their hard-earned cash. Other similar furniture leasing stores are basically doing the same thing.
It’s more expensive for those who could purchase because they’re paying for rent before they purchase the home. Rent to own is more expensive than renting a home if you do not purchase the home. When you rent to own , you always pay an option fee. The option fee gives you the option to purchase the home.
The rent-to-own setup is vulnerable to scams and shady landlords. As the tenant, you take on most of the risk in a rent-to-own contract. You’re the one paying more than necessary in rent each month with the promise that the owner will credit the amount toward the purchase price someday.
If you purchase furniture for a home that isn’t your permanent abode, you could end up with a truck-load of items that won’t fit or work in a future home. Renting furniture will also save you from having to pack and move heavy furnishings every time you move, which will inevitably save on moving costs as well.
Rent-to-own furniture like what you might find in Aaron’s or Rent -A-Center can be a solid source of credit for you. As long as the company you are working with reports positive payments to the credit bureau, you will be able to build up your credit score every time you pay on your furniture account.
They can try, but police do not get involved with civil matters. They would not be able to get the police to help replevy the item without a court order, like Mr. Caplinger says in his answer. But what they can (and I’ve seen them) do is swear out a police criminal complaint against you for theft.
Yes, you can . If you fail to pay the payments or return the merchandise you can be charged with a felony of failure to return leased equipment. Basically the charge is equal to theft
No one can be jailed just for owing a debt, or failing to make payments on a contract. You can , however, be criminally charged and, if convicted, jailed, if you act to deprive an owner of their lawful property.
If Rent-A-Center cannot reach you and you do not bring your account current, the company may take you to civil court. The court will likely order you to pay the amount owed on your lease, but in some cases (in states where it is allowed), you could face jail time if you do not abide by the court order.
Rent-a-Center will contact your employer to verify your income as well as the references you bring before approving your application.
Yes! If an item breaks during normal use, we ‘ll repair it quickly and at no additional cost. If offsite repairs are needed, we ‘l l even give you a loaner while you wait. Contact your Rent-A-Center store to set up an appointment.