Frequently Asked Questions
Do you require a deposit?
MICOST RTO requires 1 month's payment prior to delivery of your building. This payment is applied to your lease term in your contract or payoff amount.
When do my payments begin?
Your payment will be due 45 from the date you signed your contract. In some cases, we will adjust the due date of your first payment if your building took longer than usual to be delivered or your contract was delayed in reaching us. We will make sure you have adequate time to receive your invoice and get your payment to us.
Can I purchase the storage building after I have entered a FlexLease Contract with MICOST RTO?
You can pay off your contract at any time with no penalties. MICOST RTO applies a discount to your FlexLease agreement based on the term of your FlexLease agreement and the number of payments you have made. Please refer to your FlexLease Agreement for details.
What if something happens and I can no longer pay for my storage building?
A FlexLease contract is a month to month FlexLease Agreement. You can terminate your contract at any time. Just call us and we will schedule a convenient time to retrieve the storage building.
Do you report to credit agencies?
Since your FlexLease Agreement is a monthly lease contract, we do not report to credit agencies. Credit reports are not requested or reviewed to determine eligibility.
Do I have to wait for an approval to participate?
No. We give instant approval with completion of all lease information and receipt of your initial payment with a credit card or check.
What are my options for making monthly payments?
We have several convenient ways to make your monthly FlexLease payment: (1) Online at MICOSTRTO.com, (2) Set up AutoPay by phone by requesting an ACH transaction form at 731-608-3786, or (3) by mailing your payment via check or money order to the address found on your invoice. If you do not have your account number and would like to pay online, please email customer service at [email protected] and we will provide your account number.
Why purchase a liability damage waiver?
As part of your FlexLease, you are responsible for completing your FlexLease contract if something happens to your unit. For example, if a tree falls on your unit or it burns, you are responsible for fulfilling your contract. The liability damage waiver or LDW covers the remaining amount owed on the unit under these circumstances. You would not own your home or a car without protection, so why do so with your storage building. This is a great way to get the protection you need with no deductible.
Do you require a deposit?
MICOST RTO requires 1 month's payment prior to delivery of your building. This payment is applied to your lease term in your contract or payoff amount.
When do my payments begin?
Your payment will be due 45 from the date you signed your contract. In some cases, we will adjust the due date of your first payment if your building took longer than usual to be delivered or your contract was delayed in reaching us. We will make sure you have adequate time to receive your invoice and get your payment to us.
Can I purchase the storage building after I have entered a FlexLease Contract with MICOST RTO?
You can pay off your contract at any time with no penalties. MICOST RTO applies a discount to your FlexLease agreement based on the term of your FlexLease agreement and the number of payments you have made. Please refer to your FlexLease Agreement for details.
What if something happens and I can no longer pay for my storage building?
A FlexLease contract is a month to month FlexLease Agreement. You can terminate your contract at any time. Just call us and we will schedule a convenient time to retrieve the storage building.
Do you report to credit agencies?
Since your FlexLease Agreement is a monthly lease contract, we do not report to credit agencies. Credit reports are not requested or reviewed to determine eligibility.
Do I have to wait for an approval to participate?
No. We give instant approval with completion of all lease information and receipt of your initial payment with a credit card or check.
What are my options for making monthly payments?
We have several convenient ways to make your monthly FlexLease payment: (1) Online at MICOSTRTO.com, (2) Set up AutoPay by phone by requesting an ACH transaction form at 731-608-3786, or (3) by mailing your payment via check or money order to the address found on your invoice. If you do not have your account number and would like to pay online, please email customer service at [email protected] and we will provide your account number.
Why purchase a liability damage waiver?
As part of your FlexLease, you are responsible for completing your FlexLease contract if something happens to your unit. For example, if a tree falls on your unit or it burns, you are responsible for fulfilling your contract. The liability damage waiver or LDW covers the remaining amount owed on the unit under these circumstances. You would not own your home or a car without protection, so why do so with your storage building. This is a great way to get the protection you need with no deductible.