Terms & Conditions
TITLE: CONSUMER agrees that title to the Instrument remains with Chesbro Music Co., (LESSOR) until the CONSUMER has made all payments as designated on the Rental/Purchase Contract. CONSUMER will not own the instrument until all payments have been made as indicated in DISCLOSURE BOX.
PAYMENTS: Payments are due on or before the 10th of each month. A $30.00 service charge will be charged on all returned checks. A service charge of 1.75% per month (21% A.P.R.) will apply to any late payments ($4.00 minimum). Payments will be applied first to service charges due, then to rental payments. Prepayments are credited toward future monthly payments as they become due. All rental payments can be applied toward purchase of this instrument. (See Exchange and Step-Up Program Options.)
TERMINATION BY CONSUMER: CONSUMER AGREES TO A MINIMUM RENTAL/PURCHASE CONTRACT TERM OF 4 (FOUR) MONTHLY RENTAL PAYMENTS. After the 4 (four) month rental term, the CONSUMER has the option of returning the instrument to Chesbro Music Co. at 327 Broadway, Idaho Falls, Idaho or 257 N 2nd E, Rexburg, Idaho at any time until Contract is paid in full. Any past due rents, repair charges, or service charges are still due and payable. Monthly rent is due until the instrument is returned to Chesbro Music Co. or paid in full. The CONSUMER agrees to return the instrument in good condition including all parts. The instrument and case must be clean. A $40.00 cleaning fee may be assessed to CONSUMER if instrument is returned in an unsatisfactory condition. CONSUMER is responsible for any lost parts or pieces of the instrument. All accessory products (mutes, drum sticks, mallets, shoulder rest, etc.) must be returned with instrument. Music teachers, schools, or other parties are NOT responsible for the return of the instrument.
By completing this application:
- Consumer certifies that all information on this application is true and complete.
- Consumer understands that false information is grounds for immediate repossession of instrument.
- Consumer authorizes Chesbro Music Co. representatives to verify and report my credit to various credit agencies.
- Consumer agrees to all items on this Rental/Purchase Contract and acknowledges receipt of a completed copy.
- Consumer acknowledges receipt of the merchandise in good working order and condition.
- Acceptable of this Contract is subject to credit verification and final approval by a Chesbro Music Co. Corporate Officer
- Early payoff discount available. Call store for details.