is it a good idea to lease to own from aarons. or do they cost too much?

Question

im 19 and dont have that much credit

im looking for a laptop

Answer 1

Hi

I have rented from Aarons before. They do have the lowest prices in the rent to own industry but still is more than what you would pay as compusa, bestbuy ect ect. However if you can pay it off within 90 days it isnt that much more If the unit is used sometimes they will negoiate a settlement. They also sometimes have used items they sale for cash.

However I would advise you to not do business with them As I am entering into litigation against them I cant comment on the details

You would be better off to
1) start a savings account at a credit union and when you get $500 have them use that as colateral and get a secured card for awhile. MAKE YOUR PAYMENTS ON TIME and pay more than the minimum.

2) www.creditonebank.com They are very liberal and may get you an unsecured account also Make your payments on time

3) First Premier Bank may also give you a card.

These cards are usually 200-250 and come with some fees but they can help start and establish good credit

Feel free to email me if you have any questions

Answer 2

If you need some furnishings for a short period of time and don't want the bother of moving everything, then sure why not. Cort Furniture also rents if they are in your area. But if you need furniture because you have not now, then no I wouldn't rent it. You could ask about buying some of their furniture outright. They have to sell that used stuff somewhere. Right? So ask. Maybe you would get a better bargain that way.

Answer 3

Those rent to own places are for people with no credit who need stuff right away. If you can save up to pay cash or use lay away you would be better off. Otherwise you can end up paying almost double what the stuff is worth by the time you are done.

Answer 4

it all depends on what your getting - i would say generally they cost too much -

they rent big screen tv's for 300 a month - for 12 months - you can buy one for a grand - just put it on layaway if possible and make payments -

if its something like a computer - i would go to a company and see about financing through them -

furniture - it just depends on how much you need it -

i will suggest how ever that if you buy anything try to buy previously use ( except a mattress ) they drop a chunk of change from the price - lowering your payments -

Answer 5

good idea lease aarons cost

Answer 6

It is typically much better to buy such products instead of lease-to-own, in particular if you are looking at the product as a purchase for the long term.

Answer 7

They don't have a very good reputation:

http://www.ripoffreport.com/reports/0/263/ripoff0263966.htm

If you can afford a lease payment, why not make that payment TO YOURSELF every month and live without whatever it is you want until you have enough money to just buy it?

Answer 8

Cost too much.

Buy used off http://www.Craigslist.com

Terry S.

Answer 9

i actually did it and paid way to much if you can go some were else.