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How Long Does Delivery Take?Si
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Does Black Diamond Deliver Nation Wide?Si
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When Are Orders Dispatched?Si
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Will I Experience Multiple Deliveries?Si
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How Long Does Delivery Take?Si
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Is My Delivery Payment Calculated According to My Term?Si
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Is The Death Benefit Compulsory?Yes, the death benefit is compulsory with every Black Diamond Rent to Own contract.
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What Is The Death Benefit?Si
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How Is The Benefit Calculated?Si
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Is The Benefit A Once Off Payment?No, the death benefit fee is a monthly payment due until your rent to own contract is completed.
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What Is My Proof Of Income?- Three months bank statements. - Letter of Employment or Employment Contract stipulating salary/wages.
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What Documents Do I Need?You will need a certified copy of your ID Document / Passport as well as a Proof Of Address & Proof of Income?
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What Is My Proof of Address?Any document listing your address along with full name & surname as well as ID / Passport number. These include: - Bank Document's - Utility Bills - Certified Letters From Your Landlord. - Affidavits
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What Factors Affect My Application?- South African Citizenship - Credit Score - Banking Account & Ability to Accept a Debicheck Mandate
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What Is The Application Turnaround Time?The application turn around time is 48 hours.
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Does Rent To Own Premiums Have Interest?Rent to own premiums do not have interest, however, the total of their monthly instalments are often higher than an items market value - this is to account for inflation.
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What is Rent To OwnRent-to-own agreements, also known as lease-options or lease-purchases, are contracts that allow you to pay monthly instalments on a property or item for a specified term - once the term ends, you will own said property or item. These agreements combine elements of both renting and buying, offering a unique path to ownership.
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How Does Rent To Own Work?You pay monthly rent (instalments), which may be higher than market value. A portion of this rent is applied towards the purchase price.
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