Comments on: Rent-to-Own is a Bad Deal

By: Money Hacks Carnival 68- Stanley Cup Final Edition | Financial Highway

Money Hacks Carnival 68- Stanley Cup Final Edition | Financial Highway — Wed, 10 Jun 2009 09:09:01 +0000

[...] presents Rent-to-Own is a Bad Deal posted at Your Money Relationship, saying, “Every wonder how bad a deal rent-to-own is? Now [...]

By: Wojciech @ Fiscal Fizzle

Wojciech @ Fiscal Fizzle — Wed, 10 Jun 2009 00:10:50 +0000

This perplexes me almost as much as people who lease vehicles. Neither has really made much sense in my head, but there are those who will sing the praises of both. Oh well... Wojciech @ Fiscal Fizzle’s last blog post..Things I Learned on Our Trip to Ohio

By: * iPod Shuffle Giveaway And Getting Ready To Turn Two

* iPod Shuffle Giveaway And Getting Ready To Turn Two — Sun, 07 Jun 2009 03:29:34 +0000

[...] Students Can Save Money at StudenomicsTax Records You Should Save & For How Long at My Life ROIRent-to-Own is a Bad Deal at Your Money RelationshipMy 401(k) Investments Are Up And What I’m Doing About It at Free From [...]

By: Bible Money Matters

Bible Money Matters — Fri, 05 Jun 2009 17:32:05 +0000

Rent to own is never a good idea. Save up cash and pay for it outright. It'll be much more satisfying! Rent to own = RTO= Really ticked off (cause you spent way too much) Bible Money Matters’s last blog post..Personal Finance Bible Verse Of The Day: More Blessed To Give

By: SailboatFamily

SailboatFamily — Thu, 04 Jun 2009 18:45:09 +0000

RTO stores are a fantastic trolling ground for those people that P.T. Barnum told us about. The only folks who win in this deal are the RTO companies. They have slick advertisements, and even slicker salesmen. It is sad that good ole Magic Johnson has pimped himself out to these folks. Countless people are lining up to pay more for a used item than it would cost new because of his "endorsement." But hey, good for him. If someone is silly enough to go this route, then the money might as well end up in his pocket as an endoresment fee ... the purchaser must not have needed the money in the first place. You know, maybe I should open up one of these stores ... hmmmmm..... SailboatFamily’s last blog post..Keeping up with Senior Jones

By: Matt Jabs

Matt Jabs — Thu, 04 Jun 2009 13:16:35 +0000

Oh my word, I would never rent-to-own!

Matt Jabs’s last blog post..Frugalfice Testimonies from around the PF Twittersphere

By: Mrs. Micah

Mrs. Micah — Wed, 03 Jun 2009 19:37:12 +0000

Worse yet, people do that with furniture. Now I can see RTO as another way of renting if you're moving from one town to another, your moving van hasn't come yet but you have to be there for work so you need a bed & chair or something. Feels skeevy, but probably not much worse than a hotel. But while I don't mind used furniture per se--something about the sketches me out. I suppose it's like one doesn't mind dating a person who has dated other people before, but you don't want to date the furniture that's slept with everyone in the office. Mrs. Micah’s last blog post..May’s Budget Successes and Failures

By: RainyDaySaver

RainyDaySaver — Wed, 03 Jun 2009 18:54:05 +0000

I've always thought the rent-to-own idea was ridiculous! RainyDaySaver’s last blog post..Obsessing over 401(k)