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What's the Gimmick at Rent-to-Own Stores?
Here's an example
Have you ever seen a Rent-to-Own ad or commercial? If you haven't, here's an example: "No Credit Check! Rent-to-Own a 50-inch TV for $10 a Week!"
How can you go wrong with that? Just make low monthly rental payments and you can end up owning that mega screen TV, right? Most of these stores even let you bring the item back at any time if you decide you don't want it.Read on
Tips to protect yourself
What can you do about it? The only way you can fully opt out is to delete your account.Read on
Haunted by the Ghost of Lost Loans
Missing a Payment
After a year of traveling and teaching Josh was ready to start law school in Boston. However, 2 days prior to starting he learned that his $12,000 loan application had been denied.
It turned out although Josh had re-paid his $15,000 college loan during last year he had forgotten to pay back a $400 loan.Read on