Rent-to-own places are notorious for taking advantage of people. Need a new TV or appliance but can't afford to buy it outright? These stores will rent it to you, with the option to buy it later at a way too high price.
Imagine someone half your age with barely any work experience giving you financial “advice.” Numerous users find this flashy display of wealth misleading since financial advice that works is never as glittery as these advisors will make you believe.
Financial Advisors: Flashiness and Financial Insecurity
If you need quick cash, using your car as collateral might seem like a good idea, but these loans often come with high-interest rates and could result in the loss of your vehicle. As many point out, it's not worth the risk.