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Everybody Loves Your Money
Everybody Loves Your Money
Business
Evan Morgan

A $700 TV for $25 a Week Sounds Cheap — Until You Calculate the Final Price

Living Room With Big TV
A weekly TV payment around $25 can look affordable, but some current rent-to-own schedules run for 78 weeks or longer. Calculating the complete ownership cost before signing can reveal how much that convenience really costs. (Pexels).

A $700 TV for only $25 a week can sound surprisingly affordable, especially when the alternative is handing over hundreds of dollars at once. That small payment may fit comfortably beside groceries, gas, and other weekly expenses, which is exactly why rent-to-own shopping can be appealing.

But focusing on the payment instead of the total cost can hide how expensive a rent-to-own TV may become. A manageable weekly bill can continue for well over a year. Before signing, shoppers should calculate what all those payments could ultimately cost.

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