Otherwise, the first claim lodged will be paid out after 14 days. Executed . FlexShopper Introduces FlexWallet: the Virtual Credit Card 2 You will be given a credit for one weekly payment. The minimum lease term is five months, which is longer than FlexShopper's minimum lease term. Same Property NOI increased by 6.5%. The spending limit is the total Cash Price of the goods you can lease before tax and shipping. 8 Excluding the marketplace customers that reside in Florida, Texas and North Carolina you will own the item(s) and not have to pay any additional amount if you pay the full Cash Price (the Cash Price is the price we charge for a cash sale of the item (or $50 more than the price the merchant you select charges) plus sales taxes and may be higher than the price you would pay if you were to purchase the item(s) directly; if you rent multiple items at the same time, we reduce the Cash Price (and increase the Cost of Rental) by $50 for the second and each subsequent item you rent, which makes it less expensive to purchase the items before the end of the term of the Lease). Get the products your family needs now and own in a year or less with easy weekly payments. We believe in simplicity, clean, customizable and user-friendly interface with quality code. Choose the payment schedule that suits you weekly, bi-weekly or monthly. A landlord can apply the Tribunal to end the tenancy on hardship grounds at any stage of the tenancy. That allows you to buy more items or more expensive items, giving you more flexibility in your shopping. If you buy out within 31-60 days, youll pay 8% over the cash price; its 10% if you buy out within 61-90 days. Under your Lease, you can: (a) make 52 weekly payments or exercise an Early Purchase Option to acquire Ownership of the rented goods or (b) rent the goods for at least the initial term and then end the lease when you want by making all required payments and returning the goods. If you cash out within the first 100 days, youll pay the cash price only and save money. "It's estimated that more than 50 million Americans could use a lease-to-own option for the things they want to purchaseyet only five to six million of those consumers are currently served, primarily by two major rent-to-own retail chains," said Brad Bernstein, president and chief financial officer of FlexShopper. The break fee payable will be either: The same optional break fee clause applies for fixed-term agreements of more than three years, unless the tenancy agreement specifies a break fee of another amount. While FlexShopper says it may report your activity to the credit bureaus in its service agreement, it then goes on to say that late payments can hurt your credit score. Mandatory break fees may apply which is payable based on the stage of the agreement. Rent-to-Own Products: Everything You Need to Know - FlexShopper Useful information before you renovate, extend or repair your existing home. The actual weekly payment may vary depending on how much spending limit you use and will be in your Lease. How It Works. 4 Free delivery offer applies to scheduled delivery on select major appliances, furniture, treadmills, ellipticals, exercise cycles, home gyms and outdoor grills.
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