If you read the other product reviews, as I did, you may have some concerns (as I did). I can't account for the water and residue issues reported by other customers, since mine arrived in perfect condition. These reports did not bother me much, since I've never had a problem exchanging or returning merchandise at Wal-Mart. I would emphasize that the main reason I bought this product was to protect documents from fire and water damage, and I am very comfotable that it will serve that purpose. I am not concerned about the reports of poor locking machanisms, because I leave the keys in the lock so that I won't lose them. If you must have very secure storage, then you need to be looking at a fire-rated safe. Hanging folders fit very snugly in this product, but they do fit. I am very happy with this purchase.
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