Consumer Protection And Furniture Rentals

Furniture rentals, furniture leasing, and equipment rental are

practical choices for furnishing seasonal or temporary homes. However, not

every leasing company gives consumers the best rates and deals. Some

companies even give vague answers or answer inquiries incompletely. Hence,

most consumers are misinformed about their leasing options and their

rights on leasing deals. They often end up surprised about the high prices

when their leasing bill arrives. They don’t have any choice but to pay

because they signed the deal. But avoiding these furniture rentals,

furniture leasing, and equipment rental flubs are easy with a dose of

common sense.

Common sense, here, means making informed and practical choices before

signing leasing contracts. Doing a bit of research about furniture

rentals, furniture leasing, and equipment rental rates and companies may

save consumers from legal and financial problems later. Few bother with

it, but there is a law designed to protect consumers’ rights from

leasing predators. Known as the Consumer Leasing Act, this law advises

consumers about important factors to consider before signing any leasing

deals. It also states what leasing companies must provide their customers.

Any violation of these requirements nullifies the deal made by both

parties.

As much as it would be helpful to businesses, the Act does not protect

leasing deals for corporate and business use. Leases for furniture

included in real estate rentals are also exempted. The law primarily

focuses on the protection of the ordinary person who thinks that furniture

rentals, furniture leasing, and equipment rentals are cheap options. The

law demands leasing businesses to present prospective clients with a

written declaration of the rental costs, rates, and rental fees. This

cost declaration should include advance payment amount, regular payments

dues, and the total cost of the entire leasing deal. If there is any,

licensing, registration, and maintenance fees should also be included.

These cost summaries will give you a better idea of how manageable the

rates are. These are also good for comparing and canvassing other

companies. Leasing companies that refuse to give these to clients should be

reported.

Aside from cost declaration, the Act also requires leasing providers to

furnish clients with a copy of leasing requirements. These requirements

usually include property insurance on furniture rentals, furniture

leasing, and equipment rentals. Leasing requirements also indicate

conditions upon which the company can effect lease cancellation. Provisions for

property maintenance are also set in these leasing requirements. These

requirements give prospective clients an idea of how much furniture

rentals, furniture leasing, and equipment rentals can be. Leasing

furniture saves consumers the hassles of buying and maintaining their own

furniture, but uninformed choices can lead to more trouble.

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