Rent-2-Own
Rent-2-Own (R2O.com) One of the major advantages of a rent-to-own business model is the flexibility that comes with the program.
Rent-2-Own (R2O.com) is a reputable rent-to-own American based company that has been in operation since 1985. Rent-2-Own is based in southern Ohio and has over 30 locations across Ohio, Kentucky, and West Virginia. Rent 2 Own offers a buy now pay later business model that offer customers the option to rent products and the flexibility to purchase the products at the end of the rental period.
Company Overview
One of the major advantages of a rent-to-own business model is the flexibility that comes with the program. It is incredibly attractive to consumers who may not have the financial means to purchase products outright or for those who prefer the flexibility of renting rather than committing to a long-term purchase.
To increase its flexibility, Rent-to-Own also offers a range of payment options, including:
- Weekly payment option available
- Bi-weekly payment option available
- Monthly payment option available
- No credit check required.
Furthermore, customers have the choice to make their payments online, in-store, or through the company's mobile application.
The products Rent-to-Own offers range from furniture, appliances, electronics, computers, to smartphones. They also provide delivery, installation, and repair services for its products. To keep up with demand, Rent-to-Own carries a wide range of products from top brands including the following and many more:
- Ashley Furniture
- Samsung
- LG
- Whirlpool
- Sony
- Apple
- Dell
- HP
To make sure affordability and flexibility for its customers, Rent-to-Own offers weekly, bi-weekly, and monthly payment options, and no credit check.
You can choose to make payments:
- Online payments
- In-store payments
- Payments through the company's mobile app
Rent-to-Own also partners with a variety of financial organizations to provide personal loans, credit cards, and other financing options.
Rent-to-Own differentiates itself from its competitors by emphasizing the importance of excellent customer service in its corporate culture and business strategy. The company places a strong emphasis on providing customers with a welcoming and professional experience and trains its staff to do the same.
Rent-to-Own also offers a 100% satisfaction guarantee, allowing customers to return products if they are not satisfied with them.
How to Place an Order on Rent-2-Own
Placing an order with Rent-2-Own is a straightforward process.
Follow these simple steps to place your order:
Step 1: Visit Our Official Site
Visit the Rent-2-Own website at https://www.r2o.com.
Step 2: Select The Product
Browse the products available and select the item(s) you would like to purchase. There are multiple options to select from.
Step 3: View Product Details
You can view the details and detailed pricing plan for your favorite merchandise in terms of both weekly and monthly rates.
Step 4: Review Product and Add To Cart
Click on "Add to Cart" to add the item(s) to your shopping cart.
Step 5: Review Product and Proceed To Checkout
Review your order and click on the "Checkout Now" button.
Step 6: Add Info and Place Order
Your next Step is to enter your personal information including your shipping info and payment information. Now, review the information and confirm the order.
Pros of Rent-2-Own
There are multiple things for which Rent-2-Own is known to stand out. Here is a list of Rent-2-Own’s pros:
1. Flexibility
Rent-2-Own provides its customers with a variety of payment options, including weekly, bi-weekly, twice-a-month, and monthly payments, allowing them to choose the option that best suits their budget.
2. No Credit Check
Rent-2-Own's rent-to-own option does not require a credit check, making it a viable option for individuals with poor credit. However, the company may verify employment and references to ensure applicant accuracy and stability.
3. Low Upfront Costs
Rent-2-Own has a low upfront cost of as little as $15 to set up an account, making it a great choice for individuals who may not have the financial resources to purchase products outright.
4. Wide Range of Products
Rent-2-Own offers a broad selection of products on its website, including furniture, appliances, electronics, computers, and smartphones, increasing the likelihood of customers finding what they need.
5. Local Service
Rent-2-Own is a local company that operates in Ohio, Kentucky, and West Virginia, ensuring that customers receive local service and support when renting from them.
Cons of Rent-2-Own
Here are some of Rent-2-Own’s drawbacks you might want to consider before renting to own your favorite merchandise.
1. Higher Cost
Rent-to-own options can be more expensive than outright purchases or traditional financing. Customers may end up paying more over the rental period.
2. Limited Product Selection
Rent-2-Own has limited locations and product selection, especially in smaller stores serving small area and has limited locations. Customers may need to have items ordered and delivered to a nearby store.
3. Hidden Fees
Rent-2-Own may charge additional fees such as delivery fees or late fees. Customers should be aware of these fees before entering into a rental agreement.
4. Risk of Forfeiting Payments
Rent-2-Own may charge additional fees such as delivery fees or late fees. Customers who miss payments may risk forfeiting their rental agreement and losing the products they have been renting. This can lead to a loss of money along with the product they are renting. Customers should be aware of these fees before entering into a rental agreement.
5. Limited Return Policy
Rent-2-Own may have a limited return policy, meaning customers may not be able to return products if they change their minds or if the product does not meet their expectations.
Reputation Reviews at Various Websites
We conducted extensive research at a variety of review sites. Rent-2-Own has mixed reviews and customer ratings across many different websites. Here is what we found:
- 1.5 out of 5 stars at PissedConsumer.com
- No reviews on TrustPilot
- 1 out of 5 stars on BBB
- 1 to 5 out of 5 stars on Yelp (these are individual store reviews)
Key Information About the Company
Frequently Asked Questions - FAQs.
- Q1. Is R2O.com lease to own?
- A1. R2O.com is a rent-to-own company that allows customers to rent products with the option to purchase at the rental period’s end.
- Q2. Is it hard to get approved for R2O.com?
- A2. Rent-2-Own does not require a credit check for approval, so it may be easier to get approved than with other rent to own options. However, customers will need to provide proof of income, references and a valid ID to be approved.
- Q3. Does R2O.com run your credit?
- A3. No, Rent-2-Own does not run credit checks on its customers.
- Q4. Is R2O.com legit?
- A4. Yes, Rent-2-Own is a legitimate company that has been in business for over 30 years.
- Q5. What happens if you stop paying R2O.com?
- A5. If you stop paying Rent-2-Own, the company may repossess the rented item and report the missed payments to credit agencies, which can negatively affect your credit score. Furthermore, not returning the merchandise may lead to legal action and criminal charges such as theft. It’s best to communicate with Rent-to-Own if you are having financial difficulties.
- Q6. How many locations does R2O.com have?
- A6. Rent-2-Own has 33 locations throughout Ohio, Kentucky, and West Virginia.
- Q7. What happens if you don't return the R2O.com merchandise?
- A7. If you dont return the rented merchandise, Rent-2-Own may take legal action to recover the item and collect any outstanding payments.
- Q8. Does R2O.com have a limit on how much I can rent?
- A8. Rent-2-Own does have limits on how much customers can rent, based on their income and creditworthiness.
- Q9. Does R2O.com offer washer and dryers?
- A9. Yes, Rent-2-Own offers a range of appliances, including washers, dryer, furniture, appliances, electronics, computers, and musical instruments
- Q10. How does R2O.com rent-to-own program work?
- A10. Rent-2-Own's rent-to-own program offers customers the choice to rent products for a set period of time, with the option to purchase the item at the end of the rental period.
Conclusion
In general, Rent-2-Own (R2O) is a reputable rent-to-own business that offers its customers a vast selection of items and convenient payment alternatives. R2O aims to offer affordable prices, flexible rental terms, and exceptional customer service and support, making it an appealing option for people who desire to rent merchandise instead of buying it outright.
Rent-to-Own offers individuals and families with the opportunity to obtain products they need without the financial commitment of a long-term purchase.
