Just to clarify for the OP it looks like FlsexShopper is a rent to own rent-to-own outfit.
1 On this site, we use the terms "lease," "lease agreement," "rental-purchase agreement" and "agreement" the same. (We usually use the term "Lease.") Under your Lease, you can: (a) make 52 weekly payments or exercise an Early Purchase Option to acquire Ownership of the rented goods or (b) rent the goods for at least the initial term and then end the lease when you want by making all required payments and returning the goods. In NC, the final payment required to purchase the rented goods will be an amount greater than 10% of the Cash Price.
How does the Lease work?
With your Lease, you are agreeing to make weekly payments for at least the initial lease term, which may vary by state but ranges from 7 days to 29 days. If you rent the goods for at least the initial term and you give us proper notice, make all of your required payments and return the item in good condition, the Lease ends and you have no further obligation to us. The Lease continues until you end it early or make all required payments for 52 weeks. In NC, the final payment required to purchase the rented goods will be an amount greater than 10% of the Cash Price. You acquire the goods if you make all required payments for 52 weeks or exercise your Early Purchase Option. Simply refer to the table in your Lease to look up the Early Purchase Option amount.
Can I return the goods?
You cannot return the goods during the initial lease term unless they are defective. However, if you rent the goods for at least the initial term and you give us proper notice, make all of your required payments and return the item in good condition, the Lease ends and you have no further obligation to us.
