Terms and Conditions

Here you will find our Terms and Conditions.

Lease Term

This is the length of the agreement from the start date. For the lease term you agree to pay Pay Weekly LLC a number of weekly, monthly, or semi-monthly payments as set out in the payment plan shown on the agreement. Payments are made in advance on the payment due day/date as shown in the payment plan, without further notice. After making all the lease payments shown in the payment plan and if you exercise the option to buy payment the title of the goods will pass to yourself. Understand that, unless and until such time as you buy the leased property as set forth in the agreement, title to the leased property will remain with the company.

Early Termination

You may terminate the agreement at any time by providing at least 30 days' prior written notice to the company. You and the company will schedule a time for an installer to remove the leased property. Until the leased property is removed, you will be responsible for any risk of loss to the leased property and your regular lease payments, which will be prorated for the part of any period for which the leased property is in your possession. As consideration for the right to terminate this agreement, you will, at the time the leased property is removed, pay to the company (i) the cost of removal and (ii) $20.

Purchase Option at End of Lease Term

You have an option to purchase the leased property at the end of the lease term for an amount equal to the final lease payment plus all applicable sales taxes. You also have lease ownership and early purchase options as described below.

Other Important Terms

Read the rest of these term and conditions carefully for additional information options, maintenance, responsibilities, warranties, late payments and default charges, insurance, and security interest if applicable.

Weekly Payments

Your weekly payment includes a lease payment and sales/use tax. Your weekly payment will be due starting on the date shown in your lease agreement and continuing thereafter on the shown day of each week or the date shown if payments are monthly or semi-monthly.

Semi-monthly or monthly Payments

Instead of weekly payments you may choose to make monthly or semi-monthly payments. Payment for monthly would be equal to 4 weekly payments and semi-monthly would be equal to 2 weekly payments. The monthly or semi-monthly payment dates are shown in the payment plan section of your agreement.

Taxes

You agree to pay all applicable Sales/Use taxes on the leased property. Based upon the tax rates in effect as of the agreement date, the total amount of sales/use tax that you shall have to pay during your lease term is shown in your lease agreement. You understand that the applicable tax rates may change, causing your total payment amount to change, while this agreement is in effect.

Cash Price

The total cash price of the leased property is shown in your lease agreement.

Purchase option

This transaction is a lease and not a conditional sale or financing agreement. You have and may exercise an option to purchase and acquire ownership of the leased property (“Purchase Option”)

Early Purchase

You may purchase the goods and take title to them by paying, at any time, an amount equal to the cash price less all lease payments already made (the amount due at signing and all weekly, monthly, or semi-monthly payments and excluding the installation charge), plus any other fees due and sales tax.

Ownership

Understand that title to the leased property remains with Pay Weekly LLC and that you will neither own nor obtain an equity interest in the leased property until you have satisfied one of the purchase options.

Late payment, returns check, and In-House collection fees

If a payment is 3 days late, you must pay a late charge of $5. If your check is returned for any reason, you must pay a Returned Check Charge of either (a) $15.00 to Pay Weekly LLC or (b) where applicable, the maximum amount permitted by law to the third party providing check verification services. If Pay Weekly LLC must come to your home to collect a payment, you must pay an In-Home Collection Charge of $10. You expressly agree to these other fees, as applicable.

Risk of Loss and Damage

You are responsible for and must pay the reasonable value of the leased property if and as of the time it is lost, stolen, damaged beyond repair or destroyed from any cause, normal wear and tear excepted. However, you are not responsible for any loss that results from fire, flood, windstorm, or other act of God if you give notice and satisfactory evidence of such loss to Pay Weekly LLC within 5 days of its occurrence. You agree that the leased property is not currently damaged (except ordinary wear and tear, if previously leased).

Installation charges

Understand that you must pay, in cash, to the flooring installer at the time of installation, the amount shown in the payment plan on your lease agreement (“installation cost”). You also accept that the installation is undertaken entirely at your own risk and that Pay Weekly LLC will not be held responsible by yourself for any damage, loss or injury however so caused.

Limited Warranty

THE COMPANY MAKES NO WARRANTY WHATSOEVER, INCLUDING ANY (a) WARRANTY OF MERCHANTABILITY; (b) WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE; OR (c) WARRANTY AGAINST INTERFERENCE; WHETHER ARISING BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE, OR OTHERWISE.

Indemnification

You shall indemnify, defend, and hold harmless the Company (and its officers, directors, employees, or agents) against any and all losses, damages, liabilities, claims, actions, judgments, awards, penalties, fines or expenses of whatever kind, including attorneys' fees, relating to any claim of a third party arising out of or occurring in connection with the leased property or the company's negligence or breach of the agreement.

Limitation of Liability

IN NO EVENT SHALL THE COMPANY BE RESPONSIBLE FOR ANY CONSEQUENTIAL, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, OR ENHANCED DAMAGES ARISING OUT OF OR RELATING TO ANY BREACH OF ANY PROVISION OF THE AGREEMENT, REGARDLESS OF (a) WHETHER SUCH DAMAGES WERE FORESEEABLE, (b) WHETHER OR NOT THE COMPANY WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND (c) THE LEGAL OR EQUITABLE THEORY UPON WHICH THE CLAIM IS BASED, AND NOTWITHSTANDING THE FAILURE OF ANY AGREED OR OTHER REMEDY OF ITS ESSENTIAL PURPOSE. IN NO EVENT SHALL THE COMPANY'S AGGREGATE LIABILITY UNDER THE AGREEMENT EXCEED THE TOTAL OF THE AMOUNTS PAID TO THE COMPANY HEREUNDER.

Miscellaneous

Our agreement constitutes the sole and entire agreement of the parties with respect to the subject matter contained herein, and supersedes all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral. If any term or provision of the agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other term or provision of the agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. No amendment to or modification of the agreement is effective unless it is in writing and signed by each party. You may not assign any of your rights or obligations under the agreement without the prior written consent of the company and any purported assignment in violation of this section shall be null and void. The agreement and all matters arising out of or relating to the agreement are governed by, and construed in accordance with, the laws of the State of Delaware, without regard to the conflict of laws provisions of such State. Any legal suit, action or proceeding arising out of or relating to the agreement must be instituted in the federal or state courts located in the State of Delaware, and each party irrevocably submits to the exclusive jurisdiction of such courts in any such suit, action or proceeding.