When you don’t have the money to pay for expensive products like furniture, electronics, and appliances all at once, one option available to you is to rent-to-own or lease-to-own them instead. That’s incredible, isn’t it?! Aaron’s and Rent-A-Center are two of the most well-known businesses in the US that provide customers the opportunity to rent-to-own household goods.
Find out more about the specific ways in which Aaron’s and Rent-A-Center are distinct from one another, and consider how you can choose between the two.
Which One Is Better: Aaron’s or Rent-A-Center?
A rent-to-own payment plan allows the complete cost of your purchase to be broken up into many payments that are made over the course of several weeks or months rather than in a single payment made in full at the time of purchase. Imagine for a moment how much of an impact something like that may have on the choices you make in the future. The greatest thing is that if you pay off your plan early, some businesses will even provide you incentives, such as cash alternatives to reward you for doing so. Neat!
Which company, Aaron’s or Rent-A-Center, do you think would be more suited to receive an A+ grade?
Rent-A-Center
Rent-to-own payment plans: choose how frequently you want to submit your payments (weekly, twice a month, or once a month).
Requirements: you are going to need to provide a minimum of two personal references, evidence of domicile, and a source of income.
Payment: can be made in a number of ways, including over the phone (although there is a small cost associated with phone payments), online through Rent-A-Center’s ePay, or in cash at select merchants, such as 7-Eleven/ CVS.
Fees: no hidden costs, and the prices for delivery, servicing, setup, and repair are all covered.
Aaron’s
Rent-to-own payment plans: 12, 18, or 24-month plan options.
Requirements: information about your place of residence, a source of income that can be shown, a Social Security number, a government-issued ID, and references are all needed.
Payment: can be made at Aaron’s location, online through Aaron’s website, or even automatically via a credit or debit card.
Fees: no hidden fees; delivery, servicing, setup, and repair are all covered as part of the plan.
Notably, Aaron’s and Rent-A-Center have a lot in common! They work hard to maintain their position as market leaders in the increasingly popular rent-to-own industry; hence, your decision should also be founded on a trial first.
Earl Berg is a seasoned technology writer at Digital Overload, bringing over 10 years of experience in the tech industry to his role. Earl’s passion for technology and his knack for translating complex tech concepts into understandable language make his articles a favorite among readers. His coverage spans a wide range of tech topics, from gadget reviews and software updates to innovative breakthroughs in the tech industry. Earl is dedicated to providing his readers with honest, unique, and insightful content, always with an objective and open-minded approach. When he’s not immersed in the tech world, Earl enjoys hiking and photography.