How does a RIC work with WAHES?

 

FREQUENTLY ASKED QUESTIONS+ANSWERS 

Q: What is a RIC? 

A: RIC = Retail Installment Contract, Offering the opportunity for one to purchase today, while deferring your balance into small and affordable payments. 

Q: What do you currently offer RIC's on?

A: We currently offer RIC's on Laptops, Tower Only & Desktop bundles at this time. Other additional items and accessories must be purchased in full. 

Q: What are the requirements to qualify?

A: We require you complete our RIC Application. You must have Proof of ID, Proof of Address, 2-Valid References for your application. And your down-payment amount due within 24-hours of approval. 

Q: Do you pull credit?

A: No. Credit is  NOT pulled, NO inquiries are made. If your in Bankruptcy Proceedings it is ok. However; If defaulted on payments we reserve the right to attempt to collect the debt, sell the debt to a 3rd party that can proceed with placing the delinquency on your credit. 

Q: What is the turn-around time on approvals?

A: We process RIC Applications daily Monday thru Friday 9am to 2pm CST. If you would like to expedite your application. Call our office and ask to speak with Marion - CSR/RIC Finance Specialist 918.973.1188 X2 

Q: What are the down payments and bi-weekly payments?

A: Our down payments required is 50% of the total-order cost for the purchased item. Then the remaining amount is broken up into (4) bi-weekly installment payments.

Q: What is the cost to finance via RIC?

A: Financing via RIC is simple. And our fee's are simple. Your RIC is 0% Interest, No Finance Charge. Simply make your installments that include your Payment Processing Charge of $5.95. This PPC covers the cost to take installment payments, create invoices, and allow us to lower your down-payment. 

Want to save? Pay-Off early...and make less installments to avoid the $5.95 PPC. 

These payments will be auto-recurring to your checking/savings account or credit/debit card.

Additional Cost:

Late payments are subject to a $5.00 fee if payment is not made by following business day. $3.00 decline fee may be assessed after the 2nd attempt to collect from payment method on file 3-days after due date. 

Default payments are subject to collections/legal actions may be taken. We also may report default to major credit bureaus. 

Example: 

What is my down payment? A: $210.00 due today

What are my bi-weekly installments? A: (4) bi-weekly payments of $52.50 + $5.95 PPC = $58.45 

These payments will be auto-recurring to your credit/debit card.

*Add-On's will be invoiced for full-amount and cannot be financed.

Legal Disclaimer: 

Work At-Home Equipment Solutions LLC is not a lender, or financial institution. We do not offer set rates or are market-regulated.