Are you concerned about repayments for your white goods/electronic lease agreement?
Consumer leases often cover the lease of white goods/electronics and are often referred to by people as ‘rent to buy’ agreements. However, in most cases you actually never own or buy the goods.
I am concerned about the amount I’m paying for my ‘rent to buy’ agreement. What should I do?
You can seek legal advice about the current deal. However if you are presented with an offer to sign up to a ‘rent to buy’ agreement, you should also seek advice.
People who are unable to get finance or have a poor savings history often see ‘rent to buy’ as a great opportunity, not realising the financial dangers.
There are many of these schemes with different names in South Australia.