First, how much do you want to spend?
Getting Your Mattress Loan Offer
So you want to get financing for a mattress, great. We can help with that, but first why not learn a bit about the process and what you can expect.
Getting Your Offer
We make getting an offer for furniture financing easy, but we are not a direct lender. What we do is get you access to a much larger network of lenders. This is important, especially if you have bad credit. More lenders means more chances of getting an approved offer from one of them.
To begin, enter in how much you expect to spend and then some basic information about yourself and your income. Once you finish, submit the quote form and get your offer. If approved, one lender from the group will make you a financing offer and you will be redirected to their official website to review the terms.
Making A Loan Decision
Once you have an offer, it is time to thoroughly review it. Do not just blindly accept an offer, because not all loans are good ones, especially if you have bad credit.
Take a look at all of the details, most importantly the individual installment payment, total of payments and loan term. If you like the loan details, you will generally be able to accept the loan online and complete all of the final steps. Your lender will then work on getting you the money you have requested.
Loans are usually processed very quickly and you can have money in your account as soon as the next business day.
Other Options
But what if you do not get approved or do not like the terms of the loan? In that case, you would want to look at your other potential options.
One possibility is to simply keep the mattress that you have and revive it. A mattress cover and/or foam pad can do wonders and might just buy you the time you need to save up for a new mattress. Mattress cleaning is also available from many carpet cleaners for well under $100 a mattress.
Another option is to buy used. While certainly not the most appealing offer, if you select your mattress carefully, you can find one in great shape for cheap. Just throw a waterproof mattress pad on it and you have a clean and comfortable surface to sleep on.
Buying A Mattress
Once you secure your financing offer, it is time to think about buying your new mattress. Your lender will deposit money directly into your bank account which means that you can shop any store that you like. Take this opportunity to get the best deal on a mattress that suits you perfectly.
Choosing A Mattress Store
This is your first problem, finding a store. Most mattress stores have highly inflated prices and some sell inferior mattresses. They may seem nice in the store, but the one you are actually delivered may be different and you may find that it wears out quickly.
Shop for a mattress store by reviews. Look at resources like Google and Yelp to find the stores with the highest customer satisfaction. Then, take the time to visit at least three of these stores to find the best value.
Picking A Mattress
Once you have a store in mind, you will need to pick a mattress. A task that is not as easy as it might seem. Consider firmness, name brand, warranty and mattress sizes among other things. Think carefully because you may have this mattress for the next ten years, so it is an important decision. As such, it should be made slowly.
