Donavan Hunt said she loves designer bags.

"I'd cut off all of my hair for a set of Coach luggage, and then I'd buy a wig," Hunt (freshman-communications) said.

The passion that women have for handbags can be expensive and sometimes outrageous, but there is a less financially pressing solution.

BagBorroworSteal.com is a Web site for women who love high fashion but can't afford the high prices that come along with it.

"Thousands of people use the service, and they range from teenagers to grandparents," spokeswoman Stephanie Gnibus said. "The one thing that they have in common is a love for fashion."

Three different membership categories are offered to allow members to "borrow" different bags: Trendsetter, Princess and Diva.

Diva, the most expensive membership option, charges $174.95 a month and provides the option of borrowing any bag on the Web site, including those from designers such as Coach, Louis Vuitton, Hermes, Chanel and Prada.

The members are allowed to rent out the bags on their level for as long as they would like. Members have the option to "steal," or buy the bags, if they develop a bond to a purse and are unable to part with it.

Meghan O'Rourke (sophomore-business) said she feels the site will be useful.

"It looks like a good idea if you like designer bags, but you'd have to make sure you don't lose them," she said.

The site's customers are expected to take care of the bags and return them in good condition. Julie Kouhia, vice president of marketing, said that if any of the bags are lost or damaged, a replacement cost would be charged to the customer. However, there have been few problems with damaged items, Kouhia said.

"We trust customers to takecare of their bags," Kouhia said.

Jessica Kelly (freshman-finance) said she is unsure of how worthwhile the Web site is.

"They trick you into wanting all of these bags, but you have to be a Diva to get all the good ones," she said. "You could buy a Coach bag for one monthly payment of Diva membership. You don't need to borrow unless you are into Louis Vuitton."

Gnibus said all of the handbags on the Web site are authentic.

"They are only supplied by the handbag manufacturers and authorized points of distribution," Gnibus said. "There are thousands of bags from hundreds of designers."

Two brothers-in-law, Lloyd Lapidus and Greg Pippo, started the company and Web site.

"The men watched the women in their lives accumulate bags and decided to create a business to allow women to borrow," Gnibus said.