I was about to purchase furniture today from Bob's. My credit is in the low 600's, so I knew financing wasn't going to happen.
I was told about "Acceptance Now"... I thought "OK, the furniture is about $2100... Figure with some interest over 3 years, come out to $3100-3300." I could live with that.
Sat down with the rep, who told me monthly payments would be $231/month for 36 months.
Did a little math in my head and realized I would be paying over 8 grand for furniture worth $2100.
Product or Service Mentioned: Acceptance Now Furniture Leasing.
Reason of review: Pricing issue.