- Report: #1056487
Report - Rebuttal - Arbitrate
Complaint Review: HOMESMART RENT TO OWN BILOXI MS
HOMESMART RENT TO OWN BILOXI MS2740 Pass Rd BILOXI, Mississippi USA
HOMESMART RENT TO OWN BILOXI MS Cash Payoff Do the Math If you Plan to Buy BILOXI Mississippi
*REBUTTAL Individual responds: OUTSTANDING customer service
*Author of original report: Did I open a Can of Worms
*REBUTTAL Individual responds: Thanks for the 411
*Consumer Comment: Behind the numbers
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The six months same as cash clause is a new concept in the rent-to ... it off in six months, the only added cost is taxes and a small rental service fee
TAXES keep thisi n mind when you ask for a cash payoff
Would you pay the equivalent of 311 percent interest to own a big-screen TV?
Rent-to-own companies tout hot products with appealing payment plans, but their deals are a costly way to buy appliances, electronics, and furniture
Would you buy a $600 computer knowing that it would cost you nearly $1,900 after less than a year's worth of payments? How about a $1,000 clothes washer/dryer combination at an equivalent interest rate of 100 percent, leaving you $2,700 out of pocket after two and a half years?
I have rent to own over the years wih no big problems and paid it off before time.
My problem with Homesmart was the numbers was not adding up and different quotes on cash payoff. So my suggestion is get PRINT OUT on detail billing so you have a break down on what amount goes where.
I have return the stuff and ended my lease with Homesmart.
This report was posted on Ripoff Report on 06/04/2013 10:05 PM and is a permanent record located here: http://www.ripoffreport.com/r/HOMESMART-RENT-TO-OWN-BILOXI-MS/BILOXI-Mississippi-39431/HOMESMART-RENT-TO-OWN-BILOXI-MS-Cash-Payoff-Do-the-Math-If-you-Plan-to-Buy-BILOXI-Missi-1056487. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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