MU Extension MU Extension       University of Missouri    ●    Columbia    ●    Kansas City       Rolla     ●    St. Louis - Money Matters - Consumer Action


Quick Answers...Rent to Own

I am looking to purchase some furniture through a rent-to-own, what questions should I ask before I sign a contract?

  • How much are my payments? When are they due?
  • What other fees are charged?
  • What is the total dollar cost to own the item?
  • When do I own the item?

  • Is the merchandise new or used?
  • Am I responsible for loss or damages to the item?
  • Who pays for repairs if the item breaks down?
  • What is the grace period for late payments?
  • What happens if I miss a payment?




By Starla Ivey, PhD, former research associate, Building Strong Families Program, University of Missouri Extension

From Building Strong Families (, Consumer Beware module.



Can't Find Your Question Here? Try Searching Our Quick Answer Knowledge Base

Last update: Wednesday, April 19, 2006




University of Missouri logo links to

Site Administrator: 
Copyright  ADA  Equal Opportunity

MissouriFamilies is produced by the College of Human Environmental Sciences,
Extension Division, University of Missouri-Columbia