You can also buy an item from a rent-to-own store. However, it will cost you a lot more than if you buy the item from a regular store.

When buying from a rent-to-own store, the store will let you rent the item until you have paid enough to own it. However, the entire time you are paying for the item, the rent-to-own store owns the item. When you finally own the item you will have paid far more for it than if you had purchased it with cash or credit.

In most states, rent-to-own stores must tell you in writing the total cost you will pay to buy the item.