Policy for Deffered Payment Program

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Company Policy:  Deferred Payments

Business Name:    JLuxe Boutique
Effective Date:       March 27, 2026

1. Program Overview

The Deferred Payment Plan allows customers to purchase products by making a initial deposit followed by weekly installments. JLuxe Boutique will hold the item in safe-keeping until the balance is paid in full.

2. Deposit Requirements

A non-refundable deposit is required at the time of purchase to initiate the agreement:

• Purchases under $1,000.00: A deposit of $150.00 is required.
• Purchases over $1,000.00: A deposit of $300.00 is required.

3. Payment Schedule

The remaining balance must be paid in equal weekly installments over a period of 7 consecutive weeks following the initial deposit.

4. Product Release & Ownership

• Safe-Keeping: JLuxe Boutique retains physical possession of the product during the payment period.
• Release: The product will be released to the customer only after the final payment has been processed and the balance is $0.00.

5. Default and Forfeiture

Failure to complete payments within the allocated 

timeframe will result in the following:

• The customer forfeits the product to JLuxe Boutique.
• The item will be returned to inventory for public sale.
• All monies paid to date are non-refundable and will be forfeited by the customer.

6. Late Payments & Extensions

If a customer is unable to make a scheduled weekly payment, 

they must email JLuxe Boutique to request a one-week deferment.

• Late Fee: A $50.00 fee will be applied to any deferred or late payment.
• Extensions are granted at the discretion of management and are limited to one week.

7. No Refunds or Exchanges

• Final Sale: All sales are final from the moment the initial deposit is made.
• No Exchanges: Customers may not exchange their selected item for another product at any time during or after the payment period.
• No Cancellations: Customers may not stop payments or discontinue the agreement to request a return of funds.

8. Consignment Option

If a customer wishes to sell an item purchased through this plan, 

they must enter into a separate Consignment Agreement. The customer 

will be charged the standard boutique commission percentage for the 

sale of the item, identical to any other consignor.

9. Agreement Execution

A separate, signed contract is required for each individual product 

held under a Deferred Payment Plan.