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Many furniture rental centers entice apartment dwellers each year, with promises of many benefits to renting furniture as opposed to buying it outright. To add insult to injury, some stores are successful in persuading consumers to enter into rent-to-own deals, which are often scams. With so many options for obtaining furniture cheap, including checking the curbs near student apartments on the last day of school for trash that can become your treasure, it’s almost impossible to not find furniture that you can afford. Before you make a decision, here’s a look at the pros and cons of renting furniture.
Pros of Renting Furniture
There are advantages to renting furniture, especially if you really don’t have any other options. You should avoid rent-to-own traps whenever possible. Some of the benefits of renting versus buying furniture are:
You can be creative and enjoy these benefits without going the rental route, but you have to decide what’s best for your personal and financial circumstances.
Cons of Renting Furniture
When you weigh the cons of renting furniture, you may change your mind about pursuing it as an option. In too many instances, rental companies come out as the winners in these deals, and by a landslide. Here are just a few of the cons of renting furniture:
If you’re having money troubles, then there’s a risk that you may not be able to fulfill the contract terms for renting furniture. That carries all kinds of financial and legal consequences that are worth avoiding in the first place.
If you’re convinced that renting furniture is still a viable option, then make sure you check the Better Business Bureau website for the companies you’re considering renting from. Stay away from companies with too many unresolved complaints. Read the contract terms carefully, especially the fine print. If you don’t understand something, don’t expect the company to explain it to you in a way that will benefit you. You may have to seek the help of a consumer attorney or organization.
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