Tools used in home repairs.

Need Money For Home Repairs

Do you need money for home repairs with less than perfect credit? It is a tough situation to be in, but we may just be able to help. Take a few minutes and get a fast quote for the money you need. If approved, you could have money in your account as soon as tomorrow morning. Are you ready?

Let’s Get Started!

Tools for repairing a home.

Getting Your Loan Offer

We make getting a loan offer easy. We are not direct lenders though. Instead we get you access to a large group of online lenders.  This is important because more lenders means more chances of getting an approved offer from one of them. Assuming that your home repair is an emergency, this can get you back up and running much faster.

Now that you see what we do, let’s take a look at how the process works. Here is what you need to do.

Fill In Your Quote Form

First, you need to fill in your online quote form. It asks for some very basic information, so most people can complete it in a matter of minutes. When you are done with your form, check for errors and then submit it to the online lender network.

Get Your Offer

If approved for financing, one of the lenders from the group will make you an offer. You will visit their website and review the terms of the loan. Do make sure that you understand all of the details before you proceed. If you are uncertain about anything, ask your lender to clarify things.

Make Your Decision

Once you have your loan details, you just need to decide whether or not to accept your loan. If you do, you can have money in your bank account as soon as the very next business day. If, however, you decide not to accept the loan, you can simply walk away. There is no commitment in just getting a quote.

Making Your Home Repair Loan Decision

Just because you get an offer for home repair financing does not mean that you should automatically accept it. Not every loan is a good deal, especially if you have poor or bad credit. So, before you make your decision, here are some things that you should think about.

Is The Cost Too Great

With bad credit comes high interest rates and/or fees. This is just how it is. Take a look at the total cost of the loan, after all fees and interest, then decide whether the cost is worth it. If you are borrowing 10,000 dollars and the loan will cost you  Whether or not the cost is worth it will likely depend on whether you need money for cosmetic or mechanical home repairs.

Do You Have Better Options

An online loan is quick and easy, but you may have better options. Before you sign on the dotted line, take a look at some other ways to get money for your home repair. Check out some examples below.

Other Ways To Get Money

You may have more options than you think. Here are some examples of other ways to pay for your repairs.

Vendor Credit

Many home repair companies offer their own financing. The home repair industry is a competitive one and financing is just another way to attract you away from one of their competitors.

Qualifying for credit through a home repair vendor is likely to require good to excellent credit, but if you can qualify, you will also probably be rewarded with a nice low or even zero interest deal.

Use A Credit Card

If you have available credit, your credit cards can be a great tool to pay for home repairs. Even at 20 percent interest, using your plastic to pay for your  repairs might save you money.

If you decide to use your credit card, be sure to compare the cost of an online loan versus your monthly interest charges. Also, be sure to pay more than just the minimum when your credit card arrives. You do not want to be paying on this debt for years.

Do The Home Repair Yourself

You might be surprised at just how easy many home repairs are. If you have even simple mechanical skills and access to YouTube, you might be surprised at what is possible. Of course, you would still likely leave installing a new HVAC system to the professionals, but things like cabinet replacements and basic remodels are possible. Many repairs that might have cost you 4000 dollars could likely be done for 2000 dollars or less. Still a lot of money, but a much easier bill to swallow.

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James Car is a finance, loan and budget expert based in the United States. After attending Brookhaven college, he went on to become a successful entrepreneur. He now enjoys writing articles that help people save and make the most of their money.