On Monday, May 3, 2021 at 10:28:51 AM UTC-10, Boron Elgar wrote:
> On Mon, 3 May 2021 16:07:49 -0400, Dave Smith
> > wrote:
>
> >On 2021-05-03 2:58 p.m., Heywood wrote:
> >> On 5/2/2021 1:39 PM, Sheldon Martin wrote:
> >>
> >
> >>
> >> We had a used appliance dealer in town. Some of the stuff was decent but
> >> the one big appeal was $5 down and $5 a week. For many, the only way to
> >> have a washer or refrigerator.
> >
> >Not a great deal. That's $260 a year. In 2-3 years that would pay for a
> >brand new washer... with a warranty. Instead, this deal gets you a
> >machine that will probably die in a 2-3 years. They'd be better off
> >looking at a new one.
> Appliance rentals are never good deals. They are similar to paycheck
> loan companies in that respect. These are industries that prey on the
> poor, the unbanked, or those who cannot establish credit.

Luckily, in America, that's a trending segment of society. Pretty soon, everybody will be poor in the US.