Be cautious by Diane S. at InsiderPages
We have used Aaron's twice to lease-purchase items. The first was a 55 tv and the second, a refrigerator. Although it's a great way to get these items now without having the money to outright purchase or put down a large downpayment, it's a big money pit in the end. The finance fees are exhorbitant. The financial bit is revealed in the paperwork, but it's well hidden and you don't walk out the door realizing what you are really paying in the end. The lure is the 90 days same as cash deal. Which IS a great deal. But be sure that you can actually pay off in 90 days or less. If you can't, you're stuck with huge fees and it takes forever to actually pay off.
PROS: Get stuff now, no huge downpayment
CONS: End up paying twice what the stuff is worth
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