Easy Early Buy Out Option
The "Easy Early Buy Out" is calculated by dividing the agreement balance by 2 - this sum is the amount needed to be paid, plus all applicable sales tax, in order to "Easy Early Buy Out" the rental agreement.
Example:
- Initial Rental Agreement: $9.99 x 74 weekly payments = $736.30
- After 26 weekly payments (26 x $9.99 = $259.74), the agreement balance becomes $476.56.
- This agreement balance is divided by 2, making the "Easy Early Buy Out" amount = $238.28.
- This is a 50% savings of the remaining agreement balance.
RTO FACTS:
- The RTO industry is composed of dealers who rent furniture, electronics, major appliances, computers and other products with an option to buy.
- Rent-to-own, or RTO, has been an identifiable U.S. industry for more than 30 years.
- There are approximately 8,000 stores in all 50 states.
- RTO serves 3 million customers (households) a year.
- Because renters pay as they go, and no credit is extended, credit reports on customers are not obtained.
- Previously rented items are refurbished and re-rented at reduced rental terms with all the great services of renting new product - free service, free delivery, free loaner, no long-term obligation - just a great way to save money on pre-rented merchandise!