Rent to own

No credit check, low weekly payments and carry it home today? If you think rent-to-own stores' deals are too good to be true, you're right. They're a ripoff that leave unwary consumers paying the equivalent of up to 311% interest, according to a new investigation by Consumer Reports.

Accusing Rent-A-Center of using collection tactics and charging fees just this side of a loan shark, Washington state is asking a judge to declare the practices illegal and halt them. The allegations are another black eye to the business of renting furniture, electronics and appliances to those...

KXAS reports that the recession has rent-to-own centers doing a booming business.The reporter interviews a man who is trying to figure out a way to upgrade his television because he hasn't, gasp, purchased a new TV since 1998. What? This is America! Everyone is entitled to a new television every...

Investor's Business Daily reports that "Across the country, particularly in overbuilt or struggling housing markets, a growing number of luxury residential units once up for sale now are being made available to renters."The rough housing market is giving a lot of homeowners trouble in selling --...

MSN Money has rounded up 5 things you should never rent, especially under a rent to own program! Many people recognize that rent to own stores don't offer the best prices for pretty much anything, but don't realize that some items the cost of renting to own is high enough to purchase the item...