Raylo Hire Agreement – Key Facts Document

 

• An advance payment is due on the day of purchase.
• You must pay monthly hire payments.
• You must pay for at least the minimum term shown at checkout.

 

After the minimum term, the agreement continues monthly until you cancel.

 

• You have 14 days to cancel from when the agreement is made.
• After that, you must give one month’s notice to cancel.
• If you cancel during the minimum term, you may have to pay the remaining hire payments for that term.

 

• A late payment fee of up to £29 may be charged for each missed payment.
• Missed payments may affect your credit record.

 

• You are responsible for the device until it is returned.
• If the device is damaged, lost, stolen, or not returned, charges will apply.
• If you do not return the device, you may be charged its value.

 

• Raylo may end the agreement if you breach the terms or do not pay.
• You must return the device.
• You may still have to pay the remaining hire payments for the minimum term.

 

This is not a purchase.
You should only continue if you are comfortable with these commitments.