How Does Aaron’s Compare to Rent-A-Center?

In terms of flexible payment arrangements and contract lengths, Aaron’s and Rent-A-Center are fairly comparable. Although it is worth visiting both stores for the best deal, the costs are also pretty comparable.

The two biggest rent-to-own companies in the country are Aaron’s and Rent-A-Center, and their rivalry is quite balanced. In 2010, Rent-A-Center filed a lawsuit against Aaron’s for false advertising that misrepresented the company’s rules. For instance, both retailers offer free delivery and setup, but some of Aaron’s earlier marketing suggested that Rent-A-Center did not.

Both businesses provide contracts with different lengths, adjustable payment arrangements, and other practical advantages. While Rent-A-Center provides a warranty for the length of the rental agreement, Aaron’s offers a two-year warranty on its items.

Both offer the option for buyers to pay off the things early. Both have also been accused of employing aggressive and occasionally unlawful collection strategies for clients who are delinquent in their payments.

Consumer advocacy organisations advise against renting from either shop. When compared to the prices at other merchants, the cash prices are frequently more expensive to begin with.

By the time the consumer has paid for the goods in full, he may have spent up to twice as much. Even the highest credit card has an interest rate lower than this one. People who are thinking about participating in rent-to-own programmes would likely be better off getting a credit card or holding off until they have enough money to buy the item altogether.

Misha Khatri
Misha Khatri is an emeritus professor in the University of Notre Dame's Department of Chemistry and Biochemistry. He graduated from Northern Illinois University with a BSc in Chemistry and Mathematics and a PhD in Physical Analytical Chemistry from the University of Utah.


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