So, how much do you want to spend?
Online Financing For Your Music Gear
If you need financing but have less than perfect credit, the online route may be the way to go. With an online lender, you may be able to get the money you need for your musical equipment, even with bad credit. Take a look at how it all works.
Get Your Guitar Loan Offer
First, you should know that we are not a direct lender and that is good news. If you have bad credit, it may be harder to get an approval from just one lender. More lenders means that there are different criteria and requirements. That may make it easier to get a YES from one of them.
So, how do you get his guitar financing offer?
First, you need to fill out the short form located at the to of this page. Enter in how much you want to spend on a guitar and then a little basic information about yourself. A checking account number is also needed because this is where your lender will send your cash loan disbursement.
Once you complete your form, agree to the terms of service and hit the submit button. All that you have to do now is wait a minute for your answer. If approved, one of the lenders in the lending group will make you an offer. You will then be sent to their company website to review the offer.
Make sure that you take the time to thoroughly review your loan offer. Consider whether you can afford the payment and if the cost of credit is reasonable. If you decide that you like your offer, you can accept it and your lender will get you money ASAP. This may happen as soon as the next business day.
Deciding On Your Guitar Loan
Just because you want a guitar does not mean that you should just accept any loan offer. Not all loan offers are created equally, so make sure that your offer is really a good deal for you. Here are some things to consider before making your decision.
Is The Payment Affordable?
This should really be your first thought. Can you afford the payment or payments? Fit your loan payment into your budget and make sure that there is enough room. If not, you need to make room by cutting bills, you need to add some extra income or you need to turn down the loan.
Do You Have Another Option?
Next, consider whether you have a cheaper option. Can you put your guitar on a credit card or simply save up for the purchase? If you can avoid a loan, you should probably go that route.
Buying Your Guitar
If you decide to accept your guitar financing offer, you will have money in your account as soon as the next business day. Money in your account means that you will be a cash buyer, so take advantage of the perks of shopping with cash.
For starters, shop various stores. You are not tied down with store credit, so shop around and get a good idea about exactly which guitar you want and what the going prices are.
Next, do not be afraid to haggle on price. You might be surprised at just how willing some retailers will be o negotiate, especially since you are not stuck with credit from just their store.
Finally, consider the value in used equipment. You can save hundreds of dollars buying pre-loved gear and you can use the left over money to buy other equipment like a drum set.
In short, take advantage of the fact that you have cash to make your purchase and take the time to get just what you want.
