First, how much do you expect to spend?
Financing Your Appliance Online
A water heater is a major necessity in your home. Without one, you can not do dishes or wash clothing properly and showers become a disaster. That means that when a water heater goes south, you need to replace it in a hurry. But what if you have bad credit?
That is where online financing comes in. We may be able to help you take out a cash loan that you can use to purchase your new water heater. Here is how the process works.
Get Your Quote
First, you have to get a quote. Simply use the form at the top of the page to enter your information. Start with how much you expect to spend and then enter some basic information about yourself. You will also enter the information for the bank where you want your money sent.
This will be a cash loan and that comes with a number of benefits. One is the benefit of being able to buy your water heater wherever you like. Get the best price and choose the company with the best reputation to do the work.
Review Your Loan Offer
Once you submit your quote form, it goes to the loan network for approval. If approved, one lender from the network will make you a cash offer for the money you need. To see the offer, you will be redirected to the lender website. Keep in mind that we do not have loan information. If you have any questions, you will need to ask your lender directly.
Say Yes Or No
With an offer in front of you, it will be time to make a decision. There is no obligation in simply getting a loan offer, so if you do not like the offer, just walk away. On the other hand, if you do like the offer for water heater financing, accept it and you can have money in your account as soon as the next business day.
Why Finance Online?
So, why shouldn’t you just go to the home improvement store and get financing for your water heater? You can certainly do that, but online financing for home improvement has a number of benefits to consider.
Ease Of Approval
If you have bad credit, you may be facing an uphill battle when trying to get approved at a home improvement store. Buyers typically need good to excellent credit to get an approval.
Ability To Shop Anywhere
When you take on a cash online loan, you can use the money however you like. This means that you are not stuck shopping at one store and can go looking for the best deal.
Consider Tankless
As long as you are replacing your water heater, you might as well give some consideration to going with a tankless heater.
Tankless water heaters are the latest and most popular innovation in the market. They have become a must-have appliance for any home. They are more energy efficient than traditional water heaters and can save you money by providing you with hot water at the tap of a button.
Tankless water heaters work on a principle that is similar to that of an electric car. Instead of storing large amounts of fuel, they use electricity to heat the water in their tank, which is then distributed through pipes throughout your home. The result? You can save up to 80% on your energy bill!
Another great benefit is that you get virtually limitless hot water. No matter how long you shower or how many people are using hot water at once, it will never run out.
Tankless Water Heater Cost
The prices of tankless water heaters depend on the type, size, and how much it can heat. The cheapest models are usually less than $500, but some can cost $1,000 or more for a unit that heats up to about 10 gallons a day.
There is no standard pricing for tankless water heater units because they vary so much in terms of size and features.
In any case, if you have time to wait, it might be advisable to get a quote for a tankless water heater, especially since you will be using financing.
