Rent-to-Own Plans

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Rent-to-Own Plans teaches you how to evaluate rent-to-own plans compared to other alternatives, such as a cash purchase. Debate continues to take place at the federal and state levels of government regarding the protection of consumers, who are often unaware of the interest and effective annual percentage rates they are being charged with rent-to-own plans. This presentation will help you understand the basics of a rent-to-own contract, the costs involved, and less expensive alternatives for purchasing items such as furniture and appliances.

Author:
P. Christopher Beaugard (Family and Community Health Sciences Educator, Rutgers Cooperative Extension)

Duration:
10 minutes, 58 seconds

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