Get 20% off labor when you choose Michigan’s Best Carpet Installers!
What to consider when looking at financing options.
Financing Options
99% of ALL contractors use one or more of the following lenders:
1- WellsFargo
2- GreenSky
3- Service Finance
4- Synchrony
The reason is, these lenders provide guaranteed funding. Meaning, the homeowner can’t use the funds for anything other than paying the contractor for the completed job. Unfortunately, these lenders charge the contractor what’s called a “Dealer Fee”. These fees are added to the cost of your job; Typically 20%. This is why you may get offered a 10% discount for paying cash/check/credit card.
SAVE 10%-15% & Here’s How
The process of applying for financing through a contractor, is no different than applying for financing on your own. However, applying for financing on your own, such as a new credit card or a home repair loan, can save you hundreds if not thousands of dollars on your project.
Step 1- Find a lender: Goto http://www.lendingtree.com and get qualified for a loan before you start getting estimates.
Choosing The Right Company
Step 2- Start getting estimates: Installing carpet is not rocket science, but it does take a level of skill to do it right. The right company doesn’t always mean getting the best price, but it also doesn’t mean you have to pay more than you should.
Check out this simple guide to pricing: https://www.forbes.com/home-improvement/flooring/carpet-installation-cost/