Frequently Asked Questions About Financing
Why should I finance my shutters when I can pay cash or use a credit card?
Financing your new shutters allows you to save both your money and your equity, and usually offers a lower interest rate than a credit card. GreenSky has several promotional offerings with deferred interest benefits, but without needing you to pay the total out of pocket.
What kind of credit is available?
GreenSky loans are unsecured loans with fixed interest rates. Unlike credit with non-fixed rates, your payment will always be the same.
How do I make payments?
It’s straightforward – you can pay online or by phone, or set up automatic payments to be drafted from your bank account. The choice is yours. And there is never a penalty for paying off your loan early.
How do I pay my contractor?
Once approved, you will be provided a loan agreement as well as a 16-digit account number with an expiration date. To pay for your services, just provide these numbers to your rep to process the purchase as if it were a credit card.
What’s the time limit on using my loan?
After approval, you have four months to make your purchases.
When does the payment period start?
Depends on your plan. Many deferred interest plans don’t require a payment during the promotional period. The first payment on a budget-minded plan is usually due around 30 days after the first purchase.
When does the Deferred Interest plan promotional window begin?
After your first transaction.