Sunday, April 26, 2009

WHY IS MAGIC JOHNSON A PITCHMAN FOR A RENT-TO- OWN COMPANY ?

Magic Johnson is a pitchman for a rent-to own company. Why would he do that when he is supposed to be a champion for giving jobs to urban young persons. These companies are the reason why these young persons are on these TV court shows. If they miss one payment on the items, they are repossessed. I have heard of persons who were a few payments from paying the item off and they lost the item.

There was a person who was paying fifty dollars a month for a DVD player ,and I told them to go to Circuit City and pay a total of thirty nine dollars for one. Magic is saying that a person can get the best things in life right now. These young people's credit will be messed up for the rest of their lives.

If they a working on a minimum wage job, they should wait until they can afford a high ticket item. This is the wrong message to send to them. There are places that rent rims for cars. Why should a young teen buy rims that the NBA players have that cost 3 or 4 thousand dollars or more ? There is something wrong with this picture.

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