I have the same experience as many people here--signed what I thought was a relatively straight-forward--pay as if cash in 90 days or convert to a standard rent to own for 2 years.
After nearly 1200 dollars in payments-- I am told that I owe 3,000 on an 1800 dollar purchase---and that paying it off early really means I pay the entire 4000 dollars due--but get no interest reduction return or payment credit for doing so. Multiple calls to their corporate hq's not returned, 2 letters ignored. These are just
Shameful liars-- I have complained to the CFPB http://www.consumerfinance.gov/?gclid=CJ_s1cOTyc4CFUJZhgod37UP1g
and encourage everyone else lied to in the Ashley furniture stores by their representatives to complain as well-- a few hundred complaints--and the Feds will shut these guys down.
Product or Service Mentioned: Acceptance Now Furniture Leasing.
Reason of review: LYING THIEVES.
Monetary Loss: $4500.
Preferred solution: I want to see what was offered provided-- a consumer contract for renttoown at perhaps higher interest rates--but not stealing 4k from me by refusing to offset the interest charges for an early pay off.
Acceptance Now Cons: Worst group of liars i have ever run into.