How Lease to Own Stores are Blazing a New Trail to Ownership

Companies that provide lease to own services on furniture, electronics, and other household goods are steadily giving consumers the power to own what they want without all the usual hassles. These businesses operate stores that allow you to obtain various products by making low weekly or monthly payments, which includes the option to purchase the items some time during the agreement. There are also benefits, which depending on the store, may include:

·         No credit check

·         Same-day service 

·         Free delivery

·         Free repairs and loaners

·         No obligations

Since there is no credit checks or credit application, most people can easily obtain an approval with proof of a home residence, job, and references. As a result, even an individual with so-called “bad credit” can walk in and walk out with the merchandise they desire. Below we take a quick look at the typical lease to own transaction to give you an idea of how it works:

Paula has had it up to here with standard definition television, so she takes a trip to the local electronics rental store. There she finds a nice flat screen TV that instantly catches her eye. The sales associate helps her arrange an agreement to pay $48 a month for a total of 18 months. Now for the kicker – approximately one year into the agreement, Paula decides that she no longer wants that TV. So what does she do? Well, because lease to own is a no-obligation deal, not only can she return that TV, she can do so without having to pay any additional fees or damage to her credit score.

Offering a catalog featuring name brand audio equipment, appliances, computer hardware, and much more, today's lease to own stores appeal to people with a broad range of needs and tastes. While the companies who provide these services are few in number compared to other industries, collectively they have thousands of stores, creating a thriving market that sees billions annually. Buddy's is one of the most well known names on the scene. Stop by today and let us show you what a great experience lease to own can be.