Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the range in value of the individual consumer contracts you will buy?

April 26, 2017buy consumer contracts individual range value

0

Posted

What is the range in value of the individual consumer contracts you will buy?

1 Answer

0

Posted

The value of the individual contracts can range from $500 to $15,000. If the value of the contract is above $15,000, then the consumer will need to make a down payment to bring the amount be financed to $15,000. The following are the exceptions to this. High volume products (e.g. those sold via infomercials (direct response TV)) must have an aggregate dollar volume of at least $10,000 per month. Golf club memberships can have a value of $40,000 per account with a maximum term of 36 months on the contract.