Wide Open Arms @ Raymond & Sherman in Indy - Anyone Been There Yet?

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  • target64

    Grandmaster
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    23   0   0
    Apr 22, 2009
    9,869
    149
    West Side
    What I understand from what I read on their we site is, they set up Electronic funds transfer(EFT) for the balance of payments. So if the monies are not there or if you decide to have a stop payment issued at your bank, I would imagine the missed payments would be treated like a bounced check. Then the laws of recovering the monies and all expenses along with allowable damages would be due.:twocents:
     

    moosehead

    Sharpshooter
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    23   0   0
    Mar 11, 2013
    356
    18
    Indianapolis
    In regards to their financing, it's a loan through their financial institution. Minimum down, and monthly payments using electronic checks. I didn't get all the info, but I believe it was 15% simple interest for a 3 month loan. The longer the loan, the higher the interest.

    As for the store, it didn't look like they had a lot of inventory, but the guy I talked to seemed alright.
     
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