Where does “ilk” come from?
Anyway it appears from a flyer for $129/month for 24 months I can have a laptop which costs about $1600 to buy outright from them. I can understand some reasons why someone might do this, although in almost all cases it seems like a very bad idea. But who are the typical customers of these places?
People who wish they could rack up credit card debt but doesn’t have a high enough credit card score to get a card? I assume this is their target customer.
But then I wonder if you could rent items for a month or so, like a big screen TV around Superbowl time, which would be a lot cheaper then buying one that you don’t really need. Perhaps the rental place is hoping that you will like it so much, or just to return it on time and have to pay another month. Is it OK to return items after just a month or 2, or is their a contract like the cellphones have which locks you in?
Anyone have any experence to share about these places?