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“Beware the pitfalls of the $20,000 free t-shirt!” One way or another, we have all heard of the “perils” of revolving credit. About how greedy corporatists will sucker naïve young consumers into signing up for a credit card with a $1,500 credit line at a 20% annual rate for a free t-shirt, and how those…

First appearing as “hire purchase” in the United Kingdom in the 1930’s, Rent-to-own(RTO) has grown into an $8.5 billion dollar industry serving almost 5 million people. Making billions and serving millions doesn’t mean it’s a good deal, and the industry has long fought a reputation of making money off the backs of the poor. “Buyer…