First, how much do you expect to spend on your dining set?
Dining Table & Chair Financing
When you think about financing a dining room table and chair set or any furniture for that matter, you might first think about going to the retailer, but this is not always the best option. Retailers can make approval difficult if you have bad credit and buy now pay later stores will inflate the cost of the furniture. Online lenders may be a better option and here is why.
Easier Approval
If you have bad credit, retailer financing is probably not a possibility. They can make it very difficult to get financing unless you have perfect credit. The lenders in our lending group are different. Many of them will work with individuals who have bad credit and some of them even specialize in bad credit.
Shop With Cash
If approved for financing and if you choose to accept it, your lender will deposit cash directly into your bank account. This allows you to shop any retailer as a cash buyer. That will let you choose the exact dining room set that is best for you and it gives you the power to negotiate a better price. The markup on furniture is huge so this ability can save you hundreds of dollars.
Get Approved Fast
It takes just a few minutes to get a loan offer. If you accept that offer, you can then have money in your account as soon as the next business day.
Getting Your Loan Offer
If you have decided that an online loan is for you, here is how to get your offer.
Enter Your Loan Details
First, head up to the top of the page and enter your loan information. Start with how much you expect to spend on your dining room table and chairs and then fill in some basic personal information. You will also need to have your checking account information handy because this is where your lender will send money.
Submit Your Quote Form
When you are finished, check your form for accuracy and then submit it to the loan network. If approved, one lender from the group will make you a cash offer and you will be sent to their website to review it. Make sure that you take all the time you need to go through all of the loan details. Loans are a serious thing, especially if you are looking for dining room set financing with bad credit.
Make A Loan Decision
Once you are clear on the loan details, it is time to make a decision. You are under no obligation, so make the decision that is right for you. If you choose to accept your loan, you can have money in your bank as soon as the next business day. You can then immediately start shopping for your dining room set.
Buying Your Dining Room Set
If you accepted your financing offer, you have cash in hand and it is time to make a purchase. Remember, you are now a cash buyer and that comes with a number of benefits that you should take advantage of.
Buy Your Dining Room Furniture Anywhere
With cash, you can shop any store you like because you are not dependent on financing. This gives you the ability to negotiate and you need to realize that markup on furniture is huge. Take your cash and shop the smaller furniture stores because they are far more likely to negotiate on price than the chain stores. Taking the time to price shop can save you hundreds of dollars.
Buy A Used Dining Set
The great thing about dining room sets, if you avoid fabric seats, is that they are durable. If a dining set has been well cared for, all you need to do is wipe it down and it is good as new. Consider shopping for a used table and chairs if you want to cut your costs by 50 percent or more.
The only caveat with this approach is that you need to be careful with who you deal with. Unfortunately, you typically have to go to someones home to look at a dining room set and that can leave you a bit vulnerable. Bring someone with you and try to look into the persons profile when possible. Facebook Marketplace makes this a bit easier.
