1. LAY-BY AGREEMENT TERMS & CONDITIONS
These Terms and Conditions apply to you if you enter into a lay-by agreement for products available on lay-by from That Shoe Lady. These Terms & Conditions form a legally binding agreement between you and That Shoe Lady, and explain your and That Shoe Lady’s legal rights and duties to each other when you purchase any product on lay-by through That Shoe Lady. You must read these Terms & Conditions carefully. You must contact That Shoe Lady or get advice if you don’t understand any part of these Terms & Conditions.
2. WHAT IS A LAY-BY AND WHAT PRODUCTS ARE AVAILABLE ON LAY-BY?
A lay-by is an agreement whereby we reserve goods on offer in your name, goods which you have chosen, and which you pay for in instalments over a period of up to 2 months, while we keep the goods. A lay-by is not a credit agreement. All Products on offer are subject to availability. Goods bought on lay-by may not be exchanged or returned.
3. WHO CAN GET PRODUCTS ON LAY-BY FROM That Shoe Lady?
- Practically anyone!
- You can only get the products we have available on lay-by.
- You may apply for more than one product on lay-by at a time.
- You must be a South African citizen.
4. WHAT, HOW AND WHEN MUST YOU PAY FOR PRODUCTS YOU GET FROM That Shoe Lady ON LAY-BY ?
A deposit of 50% is required to initiate the lay-by. The lay-by must be fully paid off by the last day of the following month. For example, if you put down a 50% deposit at any point in April, then the product needs to be fully paid off by 31st May.
5. WHAT HAPPENS IF YOU MISS A PAYMENT?
If you don’t have enough money to cover the agreed final payment amount by the end of the following month, you will forfeit the product that you put on lay-bye. We will keep your deposit as credit for a future purchase, less the interest of 7% owed. This future purchase must be made within 6 months of the original deposit date.
An amount of 7% interest will be applied to the 2 month lay-bye. For example, if the product you are purchasing retails as R2799, you will be a total amount of R2799 + R195.93 over the lay-by period.
Products put on lay-by are not eligible for exchanges.
8. EARLY SETTLEMENT
If you pay off the shoe within 14 days of your first payment, you will not pay any interest. After the 14-day period, the full outstanding amount will be due plus the 7% interest on the product on lay-by (the Recommended Retail Price+ Interest).
9. WHEN DOES OWNERSHIP OF THE PRODUCT ON LAY-BY PASS ONTO YOU AND WHEN DO WE DELIVER THE PRODUCT?
You will only become the owner of the product on lay-by once you have paid up the full amount due to That Shoe Lady. Upon payment of the last instalment, That Shoe Lady will arrange for delivery of the product to the address you have given to us. Delivery may take up to 7 days. You will be charged a courier delivery fee of R100.00 for delivery of your product. You may also collect your product from your TSL store of choice. No goods will be delivered to you until the lay-by has been paid in full. You alone will carry the risk of the product being lost or damaged or stolen AFTER it is delivered to you.
Please e-mail email@example.com to apply