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Which financing option has the highest overal costs?

rent to own
credit card
instalment
cash

User RPitre
by
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1 Answer

3 votes

Answer:

rent to own

Step-by-step explanation:

Rent to own, otherwise known as rental purchase refers to a financing option where property are leased out to an individual with the option of weekly or month payment to cover the fee and also an option for outright purchase at a later date. This type of financing option is used by people who expect to be in a stronger financial position in the near future.

However of the four given options, rent to own is the option with the highest overall cost.

User Djhallx
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