Postat în Indonezia forum
I did something very wrong. I signed an equipment lease where I agreed to pay 1600/mo for 3 years on a 35,000 loan. I thought the lease had a no prepayment penalty, but I did not find anything in writing referencing that after reviewing the contract afterwards. It appears that I will be the one responsible for the full term balance regardless of anything. I trusted the lease rep and signed without checking this clause was included. Lease company paid the distributor on 6/27 but since the equipment has not been delivered yet is there any way to void or cancel the contract? The equipment will come from Singapore and it will be delivered here in Jakarta in less than a week. I should have gone for Axis Capital Group, http://www.axiscapitalinc.com/!
Buat Orang Indonesia
postat de către Ramadlan ramadlan în Indonezia forum
Kalau saya asli orang indonesia, makanya saya tidak bisa bicara bahasa selain bahasa indonesia hehehe
Make sure he ups
postat de către Pamela Meade în Indonezia forum
Make sure he ups his business insurance coverage in case something happens to that equipment that's covered by insurance.
He's stuck
postat de către sarah dewall în Indonezia forum
He's stuck with the consequences of not reading and understanding the contract that he signed. You should have transacted business with axis capital group
A prepayment
postat de către Utilizator şters în Indonezia forum
A prepayment penalty has absolutely nothing to do with being responsible for the full term of the contract.
I agree
postat de către liz mingh în Indonezia forum
I agree, you had been very careless, something like this is something to think million times before proceeding. That a lot of money to waste.
Is this a lease with an option to buy?
postat de către hazel freee în Indonezia forum
You had been wreck less and impulsive. Does the lease provide for a prepayment penalty? IF not, there is none. Is this a lease with an option to buy?