peace out bus
wtf?
This was a good comment in that phone rental thread
It is easy to blame Rent-A-Center. It really is.
But consider:
This is a ~$829 loan that will default approximately 50% of the time. The people who take out this financing are essentially without any financial stability.
Despite what people are saying down thread, you can turn this phone in at any time. It is a rental. So, you want to use this phone for 2 months while you wait for the next one to come out? Fine, that’s $240. When you are done, bring it back and you are done, no strings attached.
Despite the high cost, you are covered for any reasonable loss. Break the screen? Bring it back, trade it in, get a new one.
Despite the high cost, you are insured against theft. Someone breaks into your (bad neighborhood) house and steals the phone? You get out for free, and can get a new one, for $29 a week.
Yes, it’s expensive. It’s expensive for a reason. There is healthy profit, and there is both upside and downside risk by Rent-A-Center.
I’ll put it out there right now. I don’t think there is one person here in this thread who would offer a better deal. You buy a phone for $800 bucks, I’ll rent it from you for less than $29 a week, absolutely no strings attached. If I break it, it’s stolen, or I just bang it up, you’ll replace it with a new one, no questions asked. At anytime, I can bring you the phone back and have nothing to say. At anytime, I can bring you the phone and you’ll hold it, and suspend my payments, which I can come back to and resume without penalty at anytime. Any takers? Anyone? Instead of 78 payments ($2800), how about you do it for 34 payments, which gives an annual rate of return of almost 20%. What other investment can you make 20% on?
but you can get a less cool burner phone for almost nothing and own it outright. this is why poor people stay poor.
Or just grab a phone off ebay. Those rent a centers are great for getting stuff right away…if you’re ok with paying them 5 times the value of the item.
^^ It’s old but still great :tup:
50 shades of Gaaaaaaayyy
fox accidentally the president is a rapist.
Great product until your Jewish friend stops by and it explodes.
banana dolphin!
OMG that’s so cute, I can’t wait to do these with my kids #AmberAlert
Damn…
EDITED see nsfw