Life happens. Sometimes you have an unexpected expense or find you need to conserve funds for a while. When situations like this pop up, Rent-A-Center has your back. With Payment Freeze Assurance, you can pause your payments if and when you need to. Try that with a credit card company!
How It Works
Payment Freeze Assurance is a part of RAC’s Worry-Free Guarantee, our promise to do whatever we can to ensure you have the products you need without layaway or expensive interest. Payment Freeze Assurance guarantees that you can stop your payments at any time during your lease agreement. Simply return the item and pause your payments – then when you’re ready, you can either get it back or purchase a comparable item. As for the money you’ve already paid toward the item, it stays put. Those funds will still apply to the purchase price, even if you choose to upgrade to a newer or different item. At RAC, you’re never locked into a long-term commitment, and you never accrue debt because you can stop paying at any time.
Your 2017 New Year’s resolution: Get serious about saving for your long-term financial goals. Maybe you’re this close to paying off student loans, or you’ve been dreaming about a summer getaway. Whatever your needs are, all you have to do to put these unique savings ideas into practice is get started – and stick with it. This will be one resolution you won’t want to break!