Opposition mounts against Scott Walker's rent-to-own budget proposal. (Wisconsin State Journal, 5/22/2013)
Real life stories from Rent-a-Center : Xavier Dominicis, a spokesman for Rent-A-Center in Plano, Texas, said he found some of the criticisms of the rent-to-own industry and Walker’s proposal patronizing.
“I think it’s condescending to say that people aren’t smart enough to make decisions on their own,” he said. Read more:
Dominicis used the example of a single mother’s refrigerator breaking down, and how a rent-to-own company would allow her to have a new one delivered so she could have cold milk for her children that same day with a small initial payment.
You seem to have a dictionary on hand, Xavier Look up "manageable"
Using Rent-a-Center's math, I calculate that your single mother will end up paying more than $1400 for a $600 refrigerator That's a mark-up of 133%.
Not manageable. Not smart decision-making.
A graphic that bears repeating.
Related posts:
Someone Who Counts His Pennies Would Be Well Advised to Avoid Rent to Own. (5/21/2013)
Pigs Fly: Glenn Grothman Expresses Concern for Wisconsin's Most Vulnerable Citizens. (4/27/2013)
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