Sears protection agreement departmentSears Protection Agreement • November 4th, 2020
Contract Type FiledNovember 4th, 2020*This is a lease transaction. The lease agreement has a minimum period of 5 months [Initial period]. You must be at least 18 years old and have income requirements. Eligible goods worth at least $199 are required to enter into a lease agreement with Sears Authorized Hometown Stores, LLC. Does not include volatile goods. No deposit required. The lease requires the consumer to pay the first fee when signing the lease, plus 19 weekly (offered online only) lease payments, 9 biweekly or 4 monthly lease payments. After completing the Initial Period, you can: (1) continue the lease by making periodic payments in accordance with the terms of the lease agreement; (2) use the purchase option under the terms of the lease agreement (not available in NJ, VT, WI or WV); or (3) return leased items to WhyNotLeaseIt. For example, a leased item with a lease amount of $600 with a weekly lease payment schedule (offered online only) would require $60 of the first lease fee, followed by 19 weekly payments o