What is the interest rate? How is the monthly payment figured?

There is not an interest rate. We purchase the merchandise from you and the customer leases it from us until it’s paid off. Exact lease payments are provided to the customer before they commit to using the program.

How does the customer make payments?

Payments are automatically withdrawn from the customer's bank account on their paydays.

What if the customer does not have a checking account?

They will not qualify. Applicants must have an open and active checking account to apply.

What if the customer stops making payments?

Missed payments have no effect on the store. Once the merchandise is delivered and the store is paid, they are no longer obligated to the customer financially. However, any warranty or defective merchandise issues will still be handled by the store.

How long is the lease agreement for?

All lease/purchase agreements are for 12 months unless the customer wishes to pay off early.

What are the buyout options for the customer?

We offer early buyout options to customers who wish to own the merchandise outright before the 12 month term is completed. They have two options:

90 Day Payment Option: The customer pays only the invoice amount plus an initial payment within 90 days of the delivery date.

Early Buyout Option: If the customer wishes to own the merchandise outright after 90 days, they will be able to purchase their merchandise at a percentage of their remaining balance.

“Thank you very much for your excellent service, I'm very pleased with the help that you have given me.”

– Steven Wagne, customer