Whenever you decorate your home, you want to create something that will appeal in 3, 5 or even 10 years down the line, and not something that you will be bored of after a few months of making the changes.
You should always weigh up the value of going for quick trendy new designs, or something that has a lasting look and feel to it. Think of it like buying an expensive new Larouv watch. You want something that will give you years of quality and satisfaction, rather than something the looks tired and ‘past-it’ after a short while.
To get some ideas on how to design your home, just have a look through some of the sites available (such as M-Wall) to get some different options. You should be able to quickly see some things that you like and feel will be able to give you years of satisfaction
If you have bad credit, financing large purchases becomes nearly impossible. However, there are many mobile retail stores that offer rent-to-own and financing options even if you have poor or no credit. One of the most popular items that people finance when they have bad credit is furniture.
In some cases, people may be turned down elsewhere because they have just locked themselves into a mortgage or signed a lease for their first apartment but still need furniture such as beds, couches, and dining sets. Well, it’s not absolutely necessary to have good credit when financing furniture, but financing with bad credit can often trap you in a difficult financial situation. Never gamble on your finances like this, always keep within your means
The Risk of Financing Furniture with Poor Credit
While many furniture stores offer financing with poor credit, this kind of financing often comes with a price. Low-income and military families commonly use this type of credit, but later on down the road, the financing may end up costing them more than the value of the furniture they finance.
If you find yourself in this situation, keep in mind that the worse your credit is, the more the store can hike up the interest rate. If you fail to pay off your purchase before that interest rate kicks in, then paying the remaining balance is going to become impossible, especially if all you can afford to pay is the minimum payment.
The Smart Way to Finance Furniture
If you must finance furniture with poor credit, then the smartest way to do so is to save up a substantial down payment. There are a number of loan calculators online that can help you realize how much of a down payment you will need to finance your furniture without putting your future finances at risk. While good credit isn’t always necessary when financing furniture, borrowing smart will ensure that you don’t dig yourself into a financial hole for years to come.