First, how much do you want to spend on your pool?
Financing For Above Ground Pools
You have two main choices when deciding on above ground pool financing. You can try to get approved with the retailer or you can get an online loan to cover the cost of your pool and installation. Here are some things to think about when you decide which route to take.
Dealer Financing
The main problem with dealer financing is that it can be very hard to get, especially if your credit has some dings on it. Most retailers or dealers work with a single lender and that means that if you are declined, the game is over.
Another problem is that if you are approved, you are a captive buyer. You can not use your credit at other pool dealers and that means that you are stuck purchasing what one particular dealer has decided to carry. It also means that you have to pay what they are asking. Your above ground pool financing offer is good at just one dealer and they know it. This leaves them little reason to negotiate on price.
Online Financing
Online financing for your above ground pool comes with a number of benefits, making it a good choice for many buyers.
One benefit is the fact that is may be easier to qualify for a loan. While the dealer sticks with one lender, we can get you access to a lending group made up of dozens of lenders. More lenders means more chances of getting an approval, even if you have bad credit. This is especially true because many of the lenders in this group specialize in working with bad credit.
An additional benefit is that, if you are approved, your lender will deposit cash directly into your bank account. This will allow you to buy your above ground pool at any dealer that you like. Get the exact pool that you want and pit dealer versus dealer to get the best price.
Getting Your Above Ground Pool Offer
So, getting an online offer for home improvement financing is obviously a good option. Now, how do you get his offer. Here is all that you need to do.
Fill In Your Quote Form
Obviously, we need to get your information in order to make a loan decision. Lucky for you, there is not that much information to enter.
First, you need to decide how much money that you will need for your pool. If approved, this will be a cash loan for above ground pool financing. That means that your lender will deposit funds directly into your account that you can use to buy the above ground pool of your dreams. Try to come up with a reasonable amount, including the cost of any accessories that you may want.
After you come up with a number, simply enter in some basic information about yourself, your income and where you want the money sent. Then just hit the submit button and get your answer.
Make Your Decision
If approved for above ground pool financing, one lender will make you an offer. You will then be directed to their website where you can review the offer and make your decision.
When you are presented with your loan information, make sure that you take the time to review all of the details. Make sure that the cost of the loan is reasonable for you and that you can afford to make the loan payment.
Should everything sound good, you can have money in your account as soon as the next business day. You can then start shopping for your new pool.
Common Financing Questions
By now, most of you should be ready to apply and get your financing. If not, here are some answers to commonly asked questions.
How much can I qualify for?
We are not direct lenders and do not make credit decisions. Your lender will decide how much you can qualify for based on your credit qualifications. In any case, you can request up to $50,000 and it is free to get a quote.
Will I be approved with bad credit?
We do not make credit decisions, but many of our lenders are used to making bad credit loans. Keep in mind that interest rates and loan fees will be higher with bad credit. Make sure that the cost of the loan is worth the benefit of pool ownership.
Where can I buy my pool?
This is the best thing about an online loan. Your lender will deposit money directly into your bank account which means that you can buy your pool wherever you like. This allows you to get the exact above ground pool that you want.
