Sometimes you have to buy a phone that you really like, but for which there is no money at the moment, on credit. To do this today is not false, and now the cherished thing is already in hand. And what a shame it can be if the phone breaks down literally in the first days. There is nothing to do, you have to return it to the store.
Instructions
Step 1
Since a phone bought on credit is not formally your property until the loan is fully repaid, its return will differ from the return of a regular product. When drawing up loan documents, immediately with the conditions for granting a loan, a contract for pledging goods is also prescribed, which is purchased at the expense of credit funds.
Step 2
According to this agreement, you do not have the right, without the consent or notification of the bank, to return the item to the store, pledge it, or sell it. That is, the bank should deal with the issue of refund. But in practice, however, banks do not bother themselves with clarifying the relationship with the store or the client. Therefore, we have to act ourselves.
Step 3
You need to contact the seller with a free-form statement about the termination of the sales contract. Please state specific reasons in your application. The application is written in 2 copies: the first copy is handed to the seller, the second, as a confirmation of the appeal with a registration mark, is left for himself.
Step 4
After you return the phone to the store, you are required to return the first installment, if you paid it. The store transfers all other funds to the account of the bank that provided the loan. This must be done within ten days from the date of termination of the sales contract. Be sure to check the flow of funds to the bank.
Step 5
After that, submit an application to the bank for the early termination of the credit agreement, since the contract for the sale of goods has terminated. The bank may require you to document the return of the goods to the store. Therefore, worry about having such a document in advance.
Step 6
In the bank, take a document confirming the closure of the loan account and loan agreement. Remember that until the end of the agreement, you are not entitled to reduce or suspend payments on the loan. You are also obliged to comply with the terms of the loan in full if the purchased item is being repaired (under warranty).
