Lease-to-own furniture is a popular option for people who want to furnish their homes without having to pay the full amount upfront. However, it can be easy to fall into the trap of paying more than you bargained for with additional costs. Here are some tips to help you avoid paying extra costs on lease-to-own furniture:
Do Your Research
Before signing any lease-to-own agreement, do your research on the company you are considering. Look for reviews and ratings from previous customers to get an idea of their reputation. You can also check with the Better Business Bureau to see if they are accredited with the BBB with an A+ rating.
Read the Fine Print
Make sure you read the lease agreement thoroughly before signing it. Pay attention to any additional fees or charges that may be hidden in the fine print. If you don't understand something, don't be afraid to ask questions.
Don't Miss Payments
Missing payments on your lease-to-own furniture can result in additional fees and charges. Make sure you keep up with your payments to avoid any extra costs. If you are having trouble making payments, contact the company to see if they can work with you.
Buy Out the Lease Early
If you are able to, consider buying out the lease early. This can save you money in the long run by avoiding additional fees and charges. Check with the lease-to-own company to see if they offer a buyout option.
If you're looking for a way to get the furniture you need without spending a lot of money, lease-to-own furniture is a great option. Just be sure to do your research and read the lease agreement carefully before you sign it, don't miss a payment, and consider buying out early.
Kornerstone Credit is here to help those that don’t have other options. We want everything to be clear and understandable from the start. So, make sure you do your research and read your lease agreement. Then prepare some questions for our representatives. We'll reach out to you directly for the welcome call.
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