Why Buy When You Can Rent? Best Buy Introduces Rent-A-Center
The electronics giant will be trialling a rent-to-own program for electronics to enlarge their customer base in these tough economic times.
Best Buy in the U.S. will be trialling a rent-to-own program for electronics in partnership with Rent-A-Center. Rent-A-Center will set up kiosks in Best Buy stores that will offer rental plans to consumers who can’t afford to pay for the item and don’t meet Best Buy’s credit standards or for those customers who can’t afford to pay for the item in one go.
Rent-A-Center offers consumers flexible repayments such as weekly, bi-weekly or monthly. There’s no long-term contract and the consumer can be approved with no credit needed. The first RAC kiosk is expected to open in Best Buy stores in California very shortly.