Furniture Financing Terms and Conditions

All purchase options (other than pay now) are subject to approved credit from unaffiliated third-party finance vendors (“Finance Vendor”). Depending on your credit profile, you may not qualify for all payment plans. Financing is provided by Finance Vendor and is subject to all the terms and conditions in your agreement with Finance Vendor and their credit promotional plan disclosure statement (collectively the “Account Agreement”). Under each option, an annual membership fee may be charged by the Finance Vendor to your Account subject to certain conditions as set forth in Account Agreement. The purchase options under the Triple Choice Program are as follows:

Option 1 - 60 Equal Monthly Payments. The total financed purchase price for the purchased item(s) is divided by the number of months (60) in the credit promotional period to determine equal minimum monthly payments to be made during the credit promotional period. The total financed purchase price reflects a purchase of the item(s) at their lowest available cost option (being the cash price of the item) with a finance component at an APR that will result in the total financed cost of purchase as reflected in the advertisement (calculated on the assumption that there is no prepayment or default under the Account Agreement). As an example, the total financed purchase price of $5,099.99, is based on a purchase at the cash price of the item ($4,199.99) plus a financing charge ($900.00), payable by 60 equal monthly payments of $85.00 per month (APR of 3.90% including for the purposes of this example an estimated annual membership fee of $35).

 

††Option 2 - 36 Equal Monthly Payments - The total financed purchase price for the purchased item(s) is divided by the number of months (36) in the credit promotional period to determine equal minimum monthly payments to be made during the credit promotional period. The total financed purchase price reflects a purchase of the item(s) at their lowest available cost option (being the cash price of the item) with a finance component at an APR that will result in the total financed cost of purchase as reflected in the advertisement (calculated on the assumption that there is no prepayment or default under the Account Agreement). As an example, the total financed purchase price of $5,099.99, is based on a purchase at the cash price of the item ($4,199.99) plus a financing charge ($900.00), payable by 36 equal monthly payments of $141.67 per month (APR of 6.18% including for the purposes of this example an estimated annual membership fee of $35).

 

†††Option 3 - Pay Now or Do Not Pay for 6 Months or Less (30% lower cost than Option 1). No interest will accrue on the outstanding balance from time to time during the credit promotional period (6 months) and no minimum payments are due during the credit promotional period.

 

Under all options, applicable taxes and delivery fees are extra and due at time of purchase. No other finance charges will accrue on the outstanding balance from time to time during the credit promotional period provided, in the case of Equal Monthly Payments, the required minimum payment is made each billing cycle during the credit promotional period as and when due. Except as may be specified in the Account Agreement, on default, termination or expiry of the credit promotional plan: (i) the credit promotional plan shall be at an end; (ii) the outstanding balance shall become immediately owing (subject to any rights the purchaser may have under applicable law to remedy such default); (iii) a standard Annual Percentage Rate (APR) as disclosed in the Account Agreement shall apply to the unpaid balance until paid in full; and (iv) the terms of the Account Agreement will apply to any outstanding balance until paid in full. Notwithstanding the foregoing, the purchaser shall not be obligated to make any payments of interest or other amounts in excess of an amount or rate that would be prohibited by law. This offer is valid up to and including 01/18/2024, cannot be used for previous purchases and cannot be combined with any other offers, promotions or special incentive programs. See store and Account Agreement for further information.

 

 

Mattress Financing Terms and Conditions

 

48 Equal Monthly Payments on Mattresses: On approved credit. Depending on your credit profile, you may not qualify for all payment plans. $1999.99 minimum purchase required. A $199.99 administration fee, deposit equal to the amount of taxes, and delivery fee are due at the time of purchase. An annual membership fee, as set out in your Account Agreement, may be charged to your Account subject to certain conditions. Financing is provided by Fairstone Financial Inc. and is subject to all the terms and conditions in your Retail Credit Agreement and Disclosure Statement and the promotional plan disclosure statement (collectively the “Account Agreement”). The purchase price is divided by the number of months in the promotional period to determine equal monthly payments to be made during the promotional period. Finance charges will not accrue on the purchase during the promotional period if the required minimum payment is made each billing cycle during the promotional period when due. The terms of the credit promotional plan will terminate if you default under your Account Agreement. On termination or expiry of the promotional plan (or for purchases that are not part of the promotional plan), the standard APR as set out in your Account Agreement and the terms of the Regular Credit Plan will apply to all outstanding balances owing. Certain terms and conditions apply. See store and Account Agreement for further information.