Testimonial from Krissy:
After purchasing a house in August of 2013, everything seemed to break! This included the garage door opener, the washing machine, the couch frame, and then the furnace — all within three months of moving into the house!
We called a company that we had done business with in the past for a repair estimate/inspection. Since our furnace was 21 years old, we were told that “if” we found parts it would be very costly and there was no guarantee on how long this repair would hold out. We were charged a $135 service fee for this estimate and inspection.
We discovered that we had a home warranty and tried to go through them for the repair. After two weeks, we still had a broken furnace and didn’t seem to be getting anywhere with our home warranty, so we called the company that did the initial inspection back.
They told us it would cost us $3500, plus $300 for a humidifier (which we really wanted), and then the original service call fee of $135. That is $3800 — and we’d already spent $135 with them for the initial service call!
- 12 months same as cash, no interest. (We had savings but were worried about an extra $330 payment each month, the savings would be gone before we paid it off. We did not have the cash in our normal budget.)
- Finance the project (interest, interest, interest… and again, no extra cash.)
- Pay in full.
We choose option 3!
We used almost all of our savings, but because we paid-in-full, they waived the $135 service fee and gave us a cash discount. We paid $3650 — saving $420 — which made the humidifier FREE!
We have to build our saving back up, but we have a brand new furnace/humidifier and NO PAYMENT and NO INTEREST from a charge!