Layaway Policy
Luxurywish Layaway Policy
At Luxurywish, we value our clients’ flexibility needs while maintaining fairness and accountability. The following terms apply to all layaway agreements to ensure a seamless experience:
Layaway Coverage:
• This service applies to all items, excluding shoes and accessories.
• A 50% downpayment is required to secure and reserve your chosen item.
• Clients are required to complete the full form to proceed with enrollment.
Layaway Duration & Late Fees:
• At the start of your layaway, we’ll agree on a specific layaway period for completing your payments.
• Make sure to complete your payments within this agreed layaway period.
• If a layaway item is retained beyond the agreed period, additional charges will apply.
• A late fee of 1,000 PHP per week will be charged for each week your layaway payment is overdue.
• This policy helps us manage inventory efficiently and ensures fair access to layaway items for all clients.
Cancellation Terms for Pending Transactions:
• If a layaway transaction remains pending for over two months, LuxuryWish reserves the right to cancel the layaway at our discretion.
• For canceled transactions, clients will receive an 50% refund of all payments made.
• A 50% inconvenience fee will be deducted. This accounts for the opportunity cost of holding the item, which could have been available for other clients.
• Upon cancellation, LuxuryWish will regain full discretion to return the item to the market for resale.
• This policy ensures fair access to our items and allows us to serve all clients efficiently.
Extended Layaway Agreements
• For layaway agreements extending beyond one month, LuxuryWish’s standard layaway policies will apply starting from the date of extension, unless a different arrangement is agreed upon.
• The item will remain the property of LuxuryWish until all payments are completed in full.
• Any extensions or changes to the layaway period require mutual consent between the client and LuxuryWish.
• This ensures clarity, fairness, and a seamless experience for all our clients.
Our Commitment to Client Satisfaction
At LuxuryWish, we’re committed to providing a seamless and transparent layaway experience—one that protects our clients’ interests while upholding the highest business standards.
We deeply appreciate your trust and cooperation, and we look forward to continuing to grant your luxury wishes.