Rebuilding credit can be a long road. Luckily, there are credit solutions available while you are on your journey to better credit. If you have some credit problems, you should know you are not alone. Millions of Americans are in the same boat. Credit solutions are available to help you get what you and your family need without having top-of-the-line credit.
Punished for Your Credit Score
Many people report feeling punished because of a low credit score. People with scores that hover in the “poor range” are often denied credit for things that their family needs, like new appliances and furniture. Going without the things you and your family need is not fair.
Around 30% of the population in the U.S. do not have a savings goal or a financial plan. Many of those people are struggling to get their credit score up to the good range. Most people with poor credit ratings have the income to pay for the items over time, but they are denied the opportunity to prove themselves. The good news is there are credit solutions that can work in your favor.
Lease Options Are the Answer
Lease options are a great solution when you need something but your credit is not in the best shape. With a lease option, you can have the appliances that you need, the furniture that you want, and much more. There are even lease-to-purchase HVAC system options.
Lease-to-purchase options are great credit solutions that make buying the things you need and want easier. Payments are affordable, terms are easy to contend with, and if your financial situation changes, you can end the lease. It is a simple way to bypass the unfair credit rating system.
If you have ever applied for traditional financing options, then you understand how daunting the process can be. It can take days to get a denial after you have filled out form after form. With a lease-purchase option, the approvals are fast.
The real beauty of a lease-purchase option is that your credit score does not come into play. The leasing finance company determines creditworthiness on your ability to pay the lease. If you have a steady income and can make the payments, you are approved.
Gte in touch with us to learn more about lease-to-purchase options. They are one of the best credit solutions out there today.