Layaway
Layaway Terms and Conditions
1. Downpayment:
- Customers are required to make a down payment of 50% of the total purchase price of the luxury bag at the time of initiating the layaway agreement.
- The down payment is non-refundable and cannot be exchanged for another item.
- No further discounts are applicable since we do not charge interest on layaway purchases.
2. Payment Schedule:
- The remaining balance of the purchase price must be paid within two months from the date of the down payment.
- Payments will be divided into two equal installments:
- 25% of the total purchase price is due one month from the date of the down payment.
- The final 25% of the total purchase price is due two months from the date of the down payment.
3. Payment Methods:
- Payments can be made using cash, credit card, or any other payment method accepted by the store.
4. Holding Period:
- The item will be held by the store during the layaway period.
- The item will only be released to the customer upon full payment of the remaining balance.
5. Late Payments:
- If a customer fails to make a payment by the specified due date, the layaway agreement may be canceled at the discretion of the store.
- In the event of cancellation due to late payments, the down payment will not be refunded, and the item will be returned to inventory.
6. Exchange and Returns:
- The down payment and any payments made toward the layaway purchase are non-refundable.
- The item selected during the layaway agreement cannot be exchanged for another item.
7. Completion of Layaway:
- Once the full balance is paid, the customer may take possession of the luxury bag.