|
RENT-TO-OWN, ALSO KNOWN AS A LEASE/PURCHASE IS
A LEGALLY DOCUMENTED TRANSACTION WHEREBY PROPERTY
SUCH AS APPLIANCES, ELECTRONICS, FURNITURE,
EQUIPMENT, AND EVEN HOUSING ARE LEASED IN EXCHANGE
FOR A WEEKLY OR MONTHLY PAYMENT, WITH THE OPTION
TO PURCHASE AT SOME POINT DURING THE CONTRACT
PERIOD.
MOST RENT TO OWN TRANSACTIONS ARE FOR PURCHASING
CONSUMER GOODS IN A RETAIL STORE. THESE CONSUMERS
TYPICALLY HAVE A LACK OF CREDIT AND APPRECIATE
THE ABILITY TO OBTAIN MERCHANDISE THEY OTHERWISE
COULD NOT. THEY RENT ITEMS SUCH AS TELEVISIONS,
STEREO SYSTEMS, VIDEO SYSTEMS, FURNITURE, COMPUTERS,
SMALL AND MAJOR APPLIANCES, SMARTPHONES AND DINING
ROOM SETS.
DURING HOUSING MARKET DOWN-TURNS THE RENT-TO-OWN
HOUSING OPTION IS MORE FAVORABLE FOR THOSE WHO DO
NOT QUALIFY FOR A CONVENTIONAL MORTGAGE DUE TO THEIR
CREDIT SCORES OR DO NOT HAVE THE DOWN PAYMENT. THEY
ARE IN NEED OF LAWN MOWERS, TOOLS, INSURANCE AND
HOUSEHOLD ITEMS.
THESE CONSUMERS ARE RESPONSIVE TO CREDIT CARD
AND LOAN OFFERS, BUSINESS OPPORTUNITIES,
SELF-IMPROVEMENT PRODUCTS, AND DEBT CONSOLIDATION.
SELECTIONS AT $10.00/M:
SINGLE FAMILY DWELLING UNIT MULTI FAMILY DWELLING UNIT
INCOME AGE
GENDER PRESENCE OF CHILDREN
MARITAL STATUS ETHNICITY
OCCUPATION INFERRED CREDIT SCORE
APPLIANCES
|
