It’s never been easier to purchase on layaway. You can not only open your Lay-by online in a few simple steps, but you can also tailor your deposit and payment term to suit your budget!
What comes next?
You will receive confirmation via SMS and email once you have completed your transaction.
You will receive a monthly SMS statement for your Lay-By account, which you can pay through EFT.
When your account has been settled, one of our friendly consultants will contact you to arrange for the delivery of your purchase.
Why Should You Use Lay-By?
There are no credit checks;
There will be no interest or additional costs.
Your money is safe and secure;
You have up to 12 months to pay;
You only need to pay a R100 deposit, and non-South African citizens are welcome.
What exactly is a layby agreement?
If you cannot afford to purchase goods in cash, you may be able to purchase them on ‘lay-by.’ If you buy goods ‘on lay-by,’ the seller will keep them for up to six months while you pay the price in instalments. The seller will give you the goods once you have paid the full price.
How old do I have to be to enter into a lay-by agreement?
To enter into and sign a lay-by agreement, you must be at least 18 years old. If you are under the age of 18, a parent or legal guardian can assist you by signing the agreement on your behalf or by being present when you sign it, but you will still be responsible for making the payments outlined in the agreement.
What are the benefits of signing a lay-by agreement?
The benefit of purchasing goods on layaway is that the seller may not charge interest on the purchase price. The seller cannot also charge you for storing the goods while you pay off the price, nor can the price of the goods be raised. The price you pay for the goods is the price you pay and nothing more.
Will I be required to pay a deposit?
You are not required by law to pay a deposit, but if you agree with the seller to do so, you must do so. The seller may refuse to sell you the goods on lay-by unless you agree to pay a deposit, in which case your only option is to pay the deposit or not buy the goods.
