Don't rent funiture, those places are a rip-off

[GARFIELDKOOL]

My friend has rented a living room set for over a year now for his apartment. He still hasn't paid it off, and now I think they are about to repo his furniture. I told him at the time, he would have been better getting it second hand from a thrift store. He is barely making his rent. He told me yesterday, they keep calling for him to make a payment. To make matters, worse, he's going to see if he can hide the furniture at his mother's house. I wanted to laugh. He better not ask me, because I don't have room, and I wouldn't do it anyway. But anyway, the moral is don't rent furniture unless you can afford it.

[Ireneparalegal]

Originally Posted by GARFIELDKOOL

My friend has rented a living room set for over a year now for his apartment. He still hasn't paid it off, and now I think they are about to repo his furniture. I told him at the time, he would have been better getting it second hand from a thrift store. He is barely making his rent. He told me yesterday, they keep calling for him to make a payment. To make matters, worse, he's going to see if he can hide the furniture at his mother's house. I wanted to laugh. He better not ask me, because I don't have room, and I wouldn't do it anyway. But anyway, the moral is don't rent furniture unless you can afford it.

OMG good thread dear!!!!

Way back in the days right when VCR's came out, I did that rent-to own thing. I was lucky to have paid the entire thing in less than a month.

ADVICE: DON'T DO IT PEOPLE. The price of the product may be $200 but you end up paying $2000 for a stupid item. I once heard on the news that the interest rate for these purchases are worst than borrowing money from a loan shark!!!!!!!!

[GARFIELDKOOL]

Renting furniture is like paying on your credit card. My mother had a nice dining room set she rented 10 years ago, but she had to let it go, because she couldn't afford the payments every two weeks.

[James"Thunder"Early]

I've never done that, with furniture I like to pay up front and in full.

[Ireneparalegal]

the thing abt those places is they take advantage of people who can't afford to pay in full like you or me. They prey on the weak. (Damn, sounds like a sermon). They tell you, "Hey, it only works out to $5 a week!" Sounds like nothing, but when it starts adding up and then you throw in that interest rate plus whatever charges they add, it can turn into a pretty thousand pennies.

[Brieannas21]

I've never set foot in one of those places. If you can't afford a whole set, then buy one piece at a time. Because if you go to a rent place you'll pay more for the furniture there then you would pay if you went to a normal furniture store.

[Janice]

Another consideration is bugs. Roaches hide in television sets and other electronics. With the recent resurgence of bedbugs, people should be aware that they're as thin as a credit card and hide in all furniture, applicances, electronics, etc.