Rent-To-Own Stores A Burden To Low Income Families

Image 1 of 1

141013_FI-RENTTOOWN_BobMiller_0642-Edit.jpg

Download

CULLMAN, AL – OCTOBER 13, 2014:
Donald Abbott, 35, (left) walks through the yard with son Brody, 9, and wife Jamie, 33. In February 2014, the Abbott family purchased a sofa set from Buddy's Home Furnishings, opting to pay for it in weekly installments at a high interest rate. If the family continues to pay throughout the entire two-year payment plan, the sofa set will cost them over $4,000. The father, Donald Abbott, is the sole breadwinner of the family, making between $230 and $500 a week. On bad weeks, the $110 sofa payment equals roughly half the family income. (Photo by Bob Miller/For The Washington Post)

Image Size: 5615x3744 / 13.3MB; furnishings furniture indoors inside looking away from camera retail shopping store stores
Contained in galleries: 1160 WAS FI-RENTTOOWN

CULLMAN, AL – OCTOBER 13, 2014: <br />
Donald Abbott, 35, (left) walks through the yard with son Brody, 9, and wife Jamie, 33. In February 2014, the Abbott family purchased a sofa set from Buddy's Home Furnishings, opting to pay for it in weekly installments at a high interest rate. If the family continues to pay throughout the entire two-year payment plan, the sofa set will cost them over $4,000. The father, Donald Abbott, is the sole breadwinner of the family, making between $230 and $500 a week. On bad weeks, the $110 sofa payment equals roughly half the family income. (Photo by Bob Miller/For The Washington Post)