Americans have had a love-hate relationship with credit. For some it’s a lifeline, for others it’s an emergency/big-ticket item use only; the remainder fall somewhere in the middle.
“Today, most people do not have money saved for an emergency,” noted Keri Kalshultz, Sales Manager at FTL Finance.
When homeowners are faced with a large expense for HVAC replacement, they may not have the funds available to pay for it. In these instances, offering financing options may be the only way to make that sale. Kalshultz identified six options available for consumer financing.