Whether your home has been invaded by bed bugs, you’re getting married, or you just need new mattresses, you should be able to find a mattress store that offers financing. When things happen suddenly or even not so suddenly, you may not be prepared for a major purchase like this.
Not all mattress stores will be the same. If you’re desperate for new mattresses, you may have to do some searching to find one that provides the ones you need at a price you can afford, either in one-time or monthly payments. If you’re buying mattresses for the whole house, it can definitely add up. Before you even hit the stores, you’d be wise to call ahead and find out what your financing options are.
If you can’t afford to pay in a lump sum, then you have an option. If you have a low percentage credit card, you may want to use this. If you can pay it off and the interest in a few months, you might be fine. If you don’t want to risk putting too much on a credit card, you’ll want to talk to the mattress store about their specific financing options.
They can work with several financial institutions to help those who cannot pay at once. These institutions are likely to set up a system for you that is affordable for a period of twelve to perhaps twenty-four months. You will have to pay every month, but within those two years you will have it paid off.
There’s nothing wrong with financing a purchase as long as you know you have the ability to pay the bill every month. Stores know that people can’t always afford purchases like this, so they are likely to offer some option for shoppers.
Before signing up for any financing option provided by a mattress store, find out how to apply for financing in advance. By doing this, you can find out if there is any interest you need to pay. You can also find out how they will determine monthly payments.
Analyzing all this before going to a mattress store may seem like a waste of time. The reality is that it can actually save you time in the long run.