I stumbled upon this website looking into the RAC acceptance plan because I am thinking of purchasing of new bedroom set from Ashley Furniture. I used this program a few years ago to purchase my living room set when they offered 90-day same as cash. That being said, IF I weren't able to pay the balance in full in 90 days I was informed BOTH VERBALLY AND ON THE WRITTEN agreement that the remaining balance would be FINANCED!! As indicated at the top of the document, it would be through Rent-A-Center (i.e. finance charges and leasing fees for the merchandise).
I didn't want to deal with a hit on my credit at the time as I was looking to purchase a car shortly after and was attracted to the 90-day option this time as well with it being the holiday season. Anyways, my point is that all of you who are *** and complaining about being "bamboozled" and "ripped off" by RAC need to take a few minutes to actually read legally binding documents BEFORE you sign them. If you have bad credit, then do you honestly think that you somehow magically qualified for no-interest payments on furniture??? I paid my furniture off within the 90-day period, and it was no different in terms of cost then it would've been had I just swiped my *** debit card!
You guys are probably the same individuals who receive numerous calls from bill collectors and who look forward to tax returns so that you can "ball out" for a month or so instead of actually paying your bills off. Grow up! Stop looking for a handout in the form of a lawsuit (which you have ignorantly convinced yourself that you have a chance in *** of winning) and better yourself by becoming more informed.
I know this won't make a difference whatsoever and I'm sure most of you are accusing me of working for the company and rolling your eyes, but MAYBE someone will make a better financial decision later in life.
Product or Service Mentioned: Acceptance Now Leasing.