Many will assume that if they have bad credit, they will never be able to afford to have a swimming pool. But in reality, anyone can finance a swimming pool. There are many options available, and many lenders will walk through the entire process with you, so if you should have any questions or concerns, they will be able to fully answer them. In a matter of a short time, a lender should be able to tell if you qualify for the money needed to purchase a pool. So do not give up on the American Dream of having a pool in the backyard. You can really make it happen.
It is always best to talk your situation over with a lender. You may think that you have bad credit, but often times there are loopholes that can be worked around to actually find a loan that will work for you and your budget. Sometimes a credit professional can see things that the borrower may not.
Financing a pool, and making the payments on time can also help your credit score out greatly. This will show that you can manage your money and make payments on time. Paying off a loan early will not hurt your credit score any, but lenders like to see accounts that are open and active to show that the party is responsible for making payments on time when due.
Now you may be thinking to yourself, why get a swimming pool to show that I am responsible? Well, why not? Swimming pools are a great way to spend time together as a family, weather it is just a couple or a couple with children. Swim time can mean spending quality time with family that may otherwise be wasted in front of the TV or on video games.
A pool will also add value to the home. Homes with swimming pools increase values anywhere from 5 to 15% depending on where the home is located. A pool will give the look of sheer elegance to a backyard, and can be easily jazzed up with water features, such as fountains or waterfalls. A complete backyard paradise may transform your dull, lifeless yard into one that is full of possibilities for your family and those that you entertain.
Swimming pools added to the backyard can also add a lifestyle change. An individual may not like working out that much but with a pool, it will not seem like one is working out. Swimming laps is fun, and playing games and frolicking with the kids will burn a lot of calories. All aspects of health will be improved.
Swimming pools can also relieve stress due to the fact that they are so relaxing. All the cares of the world can be erased while one is in the pool. Having less stress in life means sleeping better and having a better mental health. Even just sitting poolside in the evening is a great way to relieve stress.
Having a pool can mean that entertaining can become easier. Have you ever been to a BBQ where there was nothing to do, the kids just sat there, and the adults left early due to the fact that the kids were bored? Imagine though, how much fun a BBQ hosted at your swimming pool can be. The pool area can add an elegant background to the party, and kids will not be able to wait to jump into the swimming pool. Adults will be able to enjoy themselves more because they know that the children will be having a blast. A pool can also add to the environment, and make it seem more like a party. Friends may even brag about your pool or their experience to others, and you and your pool may be the talk of the town.
A pool makes a great investment for anyone, even if someone has bad credit. A pool can make a family closer, entertainment more fun, and be a great way to improve a lifestyle to become healthier. Check into getting a pool today no matter what your credit is. You will not be dissatisfied if you do!
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AMS Financial Solutions, Inc. 295 Seven Farms Drive Suite C-201 Charleston, SC 29492 Phone- 800-783-6540
*Monthly payments for a $10,000 loan at 8.24% APR with term of three years would result in 36 monthly payments of $314.47.