Flexshopper is a rent-to-own business that provides customers with the opportunity to purchase furniture, electronics, appliances, and other items with a flexible payment plan. Flexshopper also provides its customers with an option to buy the items they rent and return them if they choose. But what happens if a customer fails to make payments on their purchases? Does Flexshopper repo its items?
In short, yes, Flexshopper does repo its items. If a customer fails to make payments on the item they rent, the company has the right to repossess the item and charge the customer for the full amount of the purchase. It is important to note that Flexshopper does not repo its items without first trying to contact the customer and work out a payment arrangement. Flexshopper also offers a payment plan, which allows customers to pay off their purchases over time.
Flexshopper does have certain rules and regulations that customers must abide by when renting items from them. First and foremost, customers must make their payments on time and in full. If a customer fails to make their payments on time, they will incur late fees and their account may be reported to the credit bureaus. Additionally, customers who do not make their payments in full will be subjected to repossession of the item they purchased. Flexshopper also reserves the right to take legal action against customers who do not abide by their rental agreement.
Flexshopper is a great option for those who need furniture, appliances, and other items, but cannot afford to purchase them outright. That said, it is important that customers understand the terms and conditions of their rental agreement and make their payments in a timely manner. Failure to do so may result in repossession of the items.
Frequently Asked Questions
What is Flexshopper?
Flexshopper is a rent-to-own business that provides customers with the opportunity to purchase furniture, electronics, appliances, and other items with a flexible payment plan.
Does Flexshopper repo its items?
Yes, Flexshopper does repo its items. If a customer fails to make payments on the item they rent, the company has the right to repossess the item and charge the customer for the full amount of the purchase.
What happens if I don't make my payments on time?
If a customer fails to make their payments on time, they will incur late fees and their account may be reported to the credit bureaus. Additionally, customers who do not make their payments in full will be subjected to repossession of the item they purchased.
Does Flexshopper offer a payment plan?
Yes, Flexshopper does offer a payment plan, which allows customers to pay off their purchases over time.
Are there any rules and regulations I need to know about?
Yes, Flexshopper does have certain rules and regulations that customers must abide by when renting items from them. First and foremost, customers must make their payments on time and in full. If a customer fails to make their payments on time, they will incur late fees and their account may be reported to the credit bureaus. Additionally, customers who do not make their payments in full will be subjected to repossession of the item they purchased.
What are the benefits of renting from Flexshopper?
Flexshopper is a great option for those who need furniture, appliances, and other items, but cannot afford to purchase them outright. That said, it is important that customers understand the terms and conditions of their rental agreement and make their payments in a timely manner. Failure to do so may result in repossession of the items.
Can I return an item if I don't want it?
Yes, Flexshopper does offer customers the option to return an item if they decide they don't want it. However, customers must adhere to the terms and conditions of their rental agreement, which includes making all payments in full and on time.
What happens if I don't return an item?
If a customer does not return an item, they will be required to pay the remaining balance of their purchase. Additionally, Flexshopper reserves the right to take legal action against customers who do not abide by their rental agreement.
Can I buy an item I'm renting from Flexshopper?
Yes, Flexshopper does offer customers the option to buy the items they are renting. If a customer chooses to buy an item, they will be responsible for paying the remaining balance of their purchase.
Do I need to have good credit to rent from Flexshopper?
No, Flexshopper does not require customers to have good credit. However, customers must adhere to the terms and conditions of their rental agreement, which includes making all payments in full and on time.
How long does it take to receive my item from Flexshopper?
The amount of time it takes for a customer to receive their item from Flexshopper will depend on the type of item they are purchasing, as well as the shipping method they select. Most items can be expected to arrive within 2-3 weeks.
Does Flexshopper offer customer service?
Yes, Flexshopper does offer customer service. Customers can contact the company via phone or email for assistance with their rental agreement or any other questions they may have.