Foundation Finance - Home Improvement Financing
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Discount financing … friend or foe?

“Chop shop.” That’s a term some dealers use to describe a finance company that offers discount financing programs. Doesn’t sound very positive, does it? But without discount programs, many customers would not qualify for financing … which means fewer sales can be closed. And fewer sales means lower profits. What is discount financing? Many banks, …

Discount financing … friend or foe? Read More »

Using financing to drive sales – 3 "must-dos"

“6 months same-as-cash.” “No payments for 90 days.” “Payments as low as $49/month.” Why do you think “Big Box” retailers like Best Buy or Home Depot are always advertising their special financing promotions? Because it works. Actively promoting financing plans helps attract new customers and to get those “on-the-fence” buyers to say yes. The most …

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Understanding credit – is FICO the whole story?

Most people know a little bit about credit scores and understand that having a good credit score is important for a variety of reasons. Without a good credit score, it is difficult to borrow money, get insurance and even find a job. But a person’s credit score is not the only factor lenders consider when …

Understanding credit – is FICO the whole story? Read More »

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Schofield, WI 54476

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