This is how RTO (Rent to Own) routed Layaway
Sweats and tears between paydays never go unnoticed and making larger purchases in between, is an uphill struggle. The two payment options, Rent to own and Layaway are the easiest way out of such financial crunches. So, what are they? How are they different? Let’s find out.
Layaway is a process where you deposit some cash on a product to save it aside till you complete the balance payments to own it. On the other hand, Rent to own is also into installment payments but you can take your product home after your first installment and pay remaining rental in flexible intervals.
But how Rent to own is a massive hit in the market where the latter still faces some opposition. Let’s dig deep.
Rent to Own
No waiting :
With RTO, you don’t have to wait till your payment is completed, you can use the product while paying your installments.
Pay your way :
You can choose your payment frequency, be it weekly or semimonthly or monthly installments without growing interest.
Wide choices :
At rent delite, you have the widest selection range. From Mobile Phones to Electronics, Furniture to Fashion, you can choose your product to rent.
Anytime of the year :
With RTO, you can rent any product at any time of the year. Rent delite makes renting easy for you with a single online lease agreement form.
Easy upgrades and returns :
Have you changed your mind? If you want a new version or completely different product, Rent Delite makes the required shift easier. Or do you want to return the product completely? No worries, with rent delite, Returns are easier than ordering a pizza.
Layaway
Wait to own :
With Layaway, you must wait till you complete the whole payments to enjoy your purchases.
Pay first :
Payments first and products next. The only choice you have is to set payments till you clear the balance.
Selected Goods :
You have a limited choice of products from varied categories like Electronics, Mobile phones, Furniture, computers and, Home Appliances, that come under layaway.
Seasonal offers :
Right timing brings the deal. Because, layaway is seasonal and doesn’t offer year wide sales.
Costly cancellations :
If ever you want to upgrade the product, you will be entitled for a cancellation charge. Returns of the products received are costlier events, as you’ll never get the paid cost back.
So, Rent to own purchase gives you the ultimate flexibility in paying the rents, picking the products and even in upgrading them. Therefore, rent to own is always a better choice than layaway.
With rent delite, you can afford all those new video games, Smart TVs or the electronics that you have been eyeing.
Renting is easy with Rent delite. Go Online, visit Rent delite, start the lease agreement, submit it and take your product home today.