Don't Lease A Pet

Buying a pet at a pet store can end up costing twice what it says on the price tag if you are lured into signing a pet-leasing contract. Pet leasing has been drawing scrutiny from lawmakers and animal welfare groups since last year highlighted many consumer complaints against Reno, Nevada-based Wags Lending, which pioneered the practice of loans to lease pets. And if you stop making payments, the company has the right to take your animal back and ding your credit score.