Frequently Asked Questions About Financing
Why should I finance my shutters when I can pay cash or use a credit card?
Financing a project lets you save both your money and your equity, and typically offers a lower interest rate than a credit card. GreenSky has several options with deferred interest benefits, but without the hassle of a huge down payment out of pocket.
What kind of credit is available?
GreenSky offers unsecured loans with fixed interest rates. Unlike credit with non-fixed rates, your payment will always be the same.
How do I make a payment?
It’s easy – pay online or by phone, or schedule automatic payments to be drafted from your bank account. It’s up to you. And there is never a penalty for paying off your loan early.
How do I pay my shutter installer?
Once approved, you will be given a loan agreement as well as a 16-digit account number with an expiration date. To pay for your services, give these numbers to your installer as you normally would with a credit card.
What’s the time limit on using my loan?
Once approved, you have four months to make your purchases.
When is my first payment due?
Depends on your plan. Many deferred interest plans don’t require a payment during the initial period. The initial payment on a budget-minded plan is usually due about 30 days after the first purchase.
When does the Deferred Interest plan promotional window begin?
Immediately after your first transaction.