{"id":25597,"date":"2021-12-06T18:27:51","date_gmt":"2021-12-06T23:27:51","guid":{"rendered":"http:\/\/t3_rakun9"},"modified":"2021-12-06T18:27:51","modified_gmt":"2021-12-06T23:27:51","slug":"psa-if-you-know-somebody-using-rent-to-own-for-their-furnishings-explain-to-them-how-bad-of-an-idea-it-is","status":"publish","type":"post","link":"https:\/\/blog.andrewwbradley.ca\/index.php\/2021\/12\/06\/psa-if-you-know-somebody-using-rent-to-own-for-their-furnishings-explain-to-them-how-bad-of-an-idea-it-is\/","title":{"rendered":"PSA: If you know somebody using rent-to-own for their furnishings. Explain to them how bad of an idea it is."},"content":{"rendered":"<p><!-- SC_OFF --><\/p>\n<div class=\"md\">\n<p>A few local people in my area are in an endless cycle of asking for money in FB groups, starting gofundme campaigns so that they don&#039;t lose their furniture\/phone\/tv, etc. I found out today after asking some questions that most of these people are using companies like Easy Home. They&#039;re basically paying a &quot;small&quot; monthly fee for everything in their apartments. The problem is that they&#039;re spending almost all of their income to pay for their big screen TV, iPhone, couches, beds, etc. Some are on ODSP and don&#039;t even make enough to cover their rent-to-own stuff. <\/p>\n<p>One woman posted about losing her TV and phone unless she could get $150 to handle her monthly payment for those. I messaged her offering her my 4 year old 55&quot; flatscreen LED TV and my Samsung S7 smartphone for free. She declined and said that she only had a couple more years left to pay off her TV and iPhone, had already put a couple years of payments into them, and also didn&#039;t want to downgrade. Fortunately, I offered the same to another person using Easy Home and they accepted my offer. <\/p>\n<p>Please, if anyone has a friend or relative that uses these predatory companies. Explain to them that they&#039;re paying 3x the cost for most of their items, and if you miss one payment you&#039;ll have nothing at all to show for it.<\/p>\n<\/p><\/div>\n<p><!-- SC_ON --> &#032; submitted by &#032; <a href=\"https:\/\/www.reddit.com\/user\/HandyDrunkard\" target=\"_blank\" rel=\"noopener\"> \/u\/HandyDrunkard <\/a> <br \/> <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/rakun9\/psa_if_you_know_somebody_using_renttoown_for\/\" target=\"_blank\" rel=\"noopener\">[link]<\/a><\/span> &#032; <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/rakun9\/psa_if_you_know_somebody_using_renttoown_for\/\" target=\"_blank\" rel=\"noopener\">[comments]<\/a><\/span><a href=\"\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A few local people in my area are in an endless cycle of asking for money in FB groups, starting gofundme campaigns so that they don&#039;t lose their furniture\/phone\/tv, etc. I found out today&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":24127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/25597"}],"collection":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/comments?post=25597"}],"version-history":[{"count":0,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/25597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media\/24127"}],"wp:attachment":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media?parent=25597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/categories?post=25597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/tags?post=25597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}