Today’s must-read: Run–don’t walk–out of this store

Everybody knows that renting-to-own furniture, televisions and electronics is an expensive way to buy. What you may not know are all the other ways these transactions can hurt you. It’s not just ruined credit and aggressive collection tactics. In some states, you can even go to jail.

NerdWallet’s investigative reporting team exposes the horror stories behind the largest rent-to-own chain, which has expanded into stores serving middle-income customers. The stories include “Kicking in Doors and Crushing Credit,” “Rent-to-Own Slip-Up Can Land You in Jail,” “Rent-to-Own: Be Informed Before You Sign” and “Why Would Anyone Rent-to-Own?

Read the full coverage here.

 

 

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