Aaron’s is a particularly well-known and successful example of the “just a few easy payments!” method of ownership. You pay the store a monthly payment for a set period of time; say, 12 months--and it’s yours! You take it home, use it, live in it...and, at first blush, this may seem like a good idea--particularly for expensive stuff that you don’t want to purchase up front, like living room sets, TVs, fridges, and so on. You pay a seemingly reasonable rate for a few months, instead of dropping over a thousand dollars all at once.
But it’s really an insidious way to make more money off of unsuspecting consumers.