Credit cards. No one wants them and somehow we all have them. With over 157 million Americans in credit card debt, the prospect of paying for necessities like furniture is daunting. Then there are the purchases that are an emergency like plumbing or HVAC problems.
If your credit score is not what you would like it to be, it may help to know that you are not alone. According to FICO, less than 1% of the population can say they have an 850 credit score. If you can’t even fathom such a number, take comfort in knowing it is extremely rare. The average credit score number for Americans is 700.
Today, almost 50% of American households live paycheck to paycheck. Furthermore, only 30% have set up some kind of long-term plan that covers investments and savings for necessary purchases like sofas and household maintenance and repairs.
There is hope, however, when it comes to rebuilding credit. Lease-purchase programs are a great way to get help when it comes to HVAC financing or even furniture financing. Don’t get discouraged, flexible lease-purchase programs are likely an option for you.
3 Ways a Lease-Purchase Can Help in Rebuilding Credit
- Not Another Credit Card
Okinus leasing is not a credit card. It is a way to get the items you need like a couch or a computer in a better way. When you have credit card debt, the last thing you want to do is take out another credit card. This will only lower your credit score and make it harder when it comes to rebuilding credit.
- Bad Credit Financing
Okinus credit solutions will provide options for everything from appliance financing to jewelry financing. There are even options for those individuals that have no credit financing. You’re trying to improve your life by rebuilding your credit and you shouldn’t be punished for not having the score other businesses deem good and right.
- Emergency Purchases
Rebuilding credit takes time. More often than not though, more time is exactly what you don’t have. Especially when your air conditioner gives out or you need a new water heater. You will be hard pressed to find a place that will help you finance large appliances such as a new water heater or HVAC system. However, these types of purchases are often why homeowners end up using credit cards. The repairs and cost of replacing these items are high. Don’t put yourself further into debt when your home needs costly maintenance or repairs. You have options through Okinus stores.
Rebuilding credit is possible. It doesn’t have to be some far off dream that you will never achieve. You also don’t have to lower your quality of life when it comes to rebuilding credit. A lease to own purchase will keep you away from another credit card and will also help you finance necessary and special items. What are you waiting for? Check out Okinus credit solutions today!