WhyNotLeaseIt Questions & Answers

Because people do not read their agreement before they sign it. Whynotleaseit is a LEASE company with a purchase option. On the agreement states that you can do an Early Purchase Option of your merchandise with a small $ of service fee. Also it says that you had to be on the agreement for 5 months and after that call to set up your purchase quote BUT PEOPLE DO NOT TAKE THE TIME TO READ, they just sign it without even knowing. If customers do not call after the 5 month minimum term to purchase their merchandise on the agreement says that you have 3 options: Keep leasing the item, purchase the merchandise or return the merchandise.

You will pay for the item until your dead. You will never actually own this unless you take the early buy out

There contact does state they do report to credit bureaus.As far as the contract people, Can you all honestly state you read the entire contract while you're at the store before signing paperwork. I would say most go over the contract briefly with the sales clerk who has no idea how to do anything with why not lease it application. Let's face it if we have to go to why not Leasing it's because we don't have no credit or very limited credit. So the excitement of getting a new Appliance or whatever it is you went to purchase at that moment your eyes were checking over the fridge then the contract. By the time you leave the store we know more about product we just purchase then the contract. I want anyone to say they read the entire contract asked questions and understood all the terms and then decided nevermind I don't agree with these terms I'm going home. Knowing the excitement of a new product overwhelms people. Knowing you were approved for something gives you that high that everyone gets when they know they were approved for that Appliance or product but they knew would never be approved by any other company. Yes there is a 30 60 and 90 they make very clear. If you ever actually read all the terms you would see a lot discrepancies. With these people are complaining about mostley is the never-ending payments. They are very quick to take your money. But when you challenge them they make it even harder for you. And that's where they get you because they are rolling the dice betting that you're not going to pay it off in those 90days.

It's a continued lease. They will keep charging till you either return the item or call and pay them the price they ask for it. Unfortunately, this isn't the typical lease to own. It's more like a rent forever, pay for kmarts demise type deal. I learned the hard way, too.

They did this to me also. I thought I was done paying since I spoke to someone over the phone regarding my payoff balance which I paid. Then few months later they say I still owe $400 but can settle for $200

Yes, but whynotlease/tempoe will take advantage of your money.