It is not a loan, credit, or financing. While no credit history is required for Aaron's different digital approval processes, we do obtain information from consumer reporting agencies in connection with your lease application.
Do you need good credit to rent from Aaron's?
Even if your credit isn't the best, Aaron's offers approvals when other stores won't. Renting to own is not credit, and when you rent to own, you avoid large upfront payments by making affordable monthly payments instead.
Can you go to jail for not paying Aarons?
If you violated the agreement you signed, then yes, they can take you to court, they can get a judgement against you, and they then can garnish your wages or seize any assets you might have. This is an offense for sure but a civil offense, not a criminal offense so you cannot go to jail.
What happens if you dont pay Aarons?
Every payment you make at Rent-A-Center is fully protected. If you don't pay and you don't return the item, then the entire amount of the item becomes due, and is sent to collections.
Can Rent A Center call the cops on you?
Yes, they can call the police, but they cannot do anything except intimidate in most cases. More times than not, it is a civil matter, and requires action through the court system.
Can Aarons come into your house?
Yes, they can bring the police in an attempt to recover their merchandise in the event that you don't pay. If it's Aaron's rental place and you stopped paying or information in your application was falsified they can use law enforcement as a go between to regain possession of their merchandise.
What happens if you move with Aaron's furniture?
When you lease a product from Aaron's, we'll deliver it to your new home for free. Plus, we will move Aaron's merchandise within 15 miles of the local store!
Can Aarons track electronics?
Aaron's has concealed from their customers their ability to remotely access, intercept, and monitor customer's private, personal electronic communications, information, screen shots, keystrokes, or images captured on webcams and to further disclose to consumers exactly the kinds of private information and images that
How much interest does Aarons charge?
Interest at the lesser of 1.5% for each 30-day period (18% per annum) or the maximum rate permissible under applicable law will be charged on all amounts not paid when due, and Customer shall reimburse Aaron for all Aaron's expenses incurred in collecting such accounts, including without limitation, attorneys' fees and
Who owns Aarons Sales and lease?
The company's largest shareholders are Vintage and mutual fund company Fidelity Investments' parent firm, which has a nearly 11 percent stake. Aaron's founder, R. Charles Loudermilk Sr., is the largest shareholder among the company's insiders, with almost 4.1 million shares, a 5.4 percent stake.7 Feb 2014