Rent-to-Own

Click this text to start editing. This block is a basic combination of a title and a paragraph. Use it to welcome visitors to your website, or explain a product or service without using an image. Try keeping the paragraph short and breaking off the text-only areas of your page to keep your website interesting to visitors.

Understanding Rent to Own

Rent-to-own (RTO) is an affordable payment option with no credit check! All RTO contracts are divided into monthly payments,which are figured on the price of the building. You pay only a deposit and the initial payment and we deliver the building! As with any contract where you pay got something over time,  the total cost is higher than the cash price. The extra charges are not finance charges. Since this is a rental contract, rental fees are assessed. We do not charge penalties if you wish to pay off the contract early. In fact, we will give you a discount on contract amount!

1-2-3's of Rent-to-Own

  1. RTO is a rental program, not a loan so NO credit is required. You are simply renting the rental property on a month by month basis. 
  2. The RTO contract maybe canceled at any time. Simply call us and request that the rental property be picked up from your location. 
  3. Upon completion of the rental contract, either by taking advantage of the early payoff option or by completing all of the monthly rental payments, the rental property is yours!

Convenient Payment Options

By phone: 1-800-861-9395

By Mail: P.O. Box 726 

                Grandview TX, 76+050

Online: www.alpinerto.com

Frequently Asked Questions

Click this text to start editing. This block is a basic combination of a title and a paragraph. Use it to welcome visitors to your website, or explain a product or service without using an image. Try keeping the paragraph short and breaking off the text-only areas of your page to keep your website interesting to visitors.

What is the interest rate/finance charge?

There is no interest rate or finance charge. However, since this is a rental contract, rental fees are charged. The total contract amount may be figured by multiplying the monthly payment amount by the contract term. 

May I pay some money down to make my payments lower?

Since this is a rental contract and not financing, paying money down and financing the rest is not possible. As a rental, the payments are figured on the full value of the building. Making a larger payment up front is the same as paying the rent in advance, because we will apply it to future month's rent. We recommend that you make only the required first month's payment and a security deposit, then make your monthly payments while saving enough to pay off the contract in full to receive  the Early Pay Off Discount. 

What is the Early Pay Off?

AFG Rentals offers Early Pay Off (EPO) as a promotion for customers who want to save money by paying off their contracts early. At any time during the contract, you may pay off the contract in full and receive this discount. EPO ranges from 40% to 60% of the remaining unused portion of the contract. The unused portion is time that has not transpired. Back rent is not discounted. If you make a payment that is larger than your regular monthly payment, but not equal to the Early Pay Off amount, the payment will be applied as advance rental payments only. 

May I have more than one item in RTO?

Yes, you may have up to 3 items per household, or $30,000 total, whichever is greater. Units at the same address are considered one household.

I no longer need my building. Can I return it with out damaging my credit?

Most certainly. Flexibility is one of the greatest features of the rent-to-own program. If you no longer need the item you are renting and you are paid up through the month you return the item, no extra charges will apply and your account will remain in good standing. Best part of all- it does not damage your credit!

I can no longer afford my building, but I still need storage. May I swap my building for a smaller building?

Yes. Since you are paying rent for the months that you use the building, if you decide to return it, no credit is given towards the new purchase. However, if you are current through the month that the swap is made, we will collect only one month's payment up front. Your next payment will be due the 1st of the next month. If you are not current with you payments, you will need to become current to make the swap.

May I choose the due date on any day of the month?

We offer 2 due dates, the 1st and the 15th of each month. Since this is a month-to-month rental contract that is renewed each month by the payment for that month, the payment is due by the 1st or the 15th of every month (whichever date is agreed upon in the contract). 

Does AFG Rentals do a credit check?

We do not do credit checks. All we require is that you complete our application and pay the first month's rent and security deposit, where applicable. 

Things you should know: 

Click this text to start editing. This block is a basic combination of a title and a paragraph. Use it to welcome visitors to your website, or explain a product or service without using an image. Try keeping the paragraph short and breaking off the text-only areas of your page to keep your website interesting to visitors.

Bankruptcy

A RTO contract is considered by law to be an executory contract. Should the contract become a financial burden, you have the option to be relieved of the contract by retuning the item and no further charges will be incurred. Under United States Bankruptcy Law 365, should you file bankruptcy, you have the option at that time to assume or reject the contract. You should consult legal advice for complete information and provide a copy of your Rental Purchase Agreement. 

Late Payment

Due to the month to month contract of your Rental Purchase Agreement, all payments are due on the date (either the 1st or the 15th) that you have selected. If your payment is late it may be subject to a late charge up to $20.00. Late fees and grace periods vary bt state. See your contract for details. Pay close attention to your due date and pay on time to avoid having your building picked up. If your account is past due, we may pick up the building during normal daylight hours. 

First Payment Default

State law provides you, the consumer, with a grace period depending on the state. After the specified number of calendar days of the month have passed, by the terms of the Rental Purchase Agreement, the contract has expired and we may attempt to pick up the building. If we are unable to contact you and resolve the account, your building will be subject to pick up. To avoid this, we suggest setting your account up for automatic payment. It is also important to provide us with current contact information so we may contact you if necessary. 

Should your building building be picked up as a result of nonpayment, you will have 14 days from the date of pickup to reclaim any belongings left inside or 7 days to reinstate the contract by paying all back rent and other fees due, plus a redelivery fee. AFG Rentals is not responsible for any items left in the building at time of pickup. 

Moving

Your rented building may not be moved without express permission from AFG Rentals, LLC and you must pay all fees associated with moving the building.

Improvements

Any improvements added to the building shall remain with the building if it is ever returned with no credit given to you. 

Loss Damage Waiver (optional service) 

Loss Damage Waiver (LDW) frees you from any responsibility of structural damage fone to the building by storm, fire, or any other natural disaster. LDW does not cover material loss or famage resulting from flooding. LDW does not cover the contents in the storage building. LDW will waive the customer of any responsibility and will repair the damages or even replace with a new building if needed. AFG Rentals may choose not to repair or replace damage on a building resulting from customer misuse. LDW is for the term of the Rental Purchase Agreement. When you sign the rental agreement, you are liable for the entire amount of the of the contract and should something happen to the building that renders it unusable, you are sill required to pay. LDW allows that during the entire term of the agreement, provided the agreement is in good standing, should something occur to the building, we will repair or replace it. LDW is an optional, additional coverage provided by AFG Rentals and is not insurance. The cost for LDW is .015% of the building price, per month, with a $3/month minimum. Although homeowner's insurance may cover a storage building, please verify with your provider first.