Swimming Pool Financing Aqua-Blue Pools has joined forces with Lyon Financial, LightStream, and HFS Financial to offer swimming pool financing to their Upstate SC customers so you can get the pool and backyard oasis you have been dreaming of. A cap on default fees of £15 – after a default interest can still be charged, but it mustn’t exceed the original rate of 0.8% per day. Most loan companies will want you to repay the debt using a Continuous Payment Authority (CPA). However should seriously question whether you will be borrowing at a ‘safe’ interest rate. Obtaining a swimming pool loan may be necessary if you are shopping for a new swimming pool and you choose to take advantage of competitive pool financing or you are short on funds. Swimming Pool Loan Solutions. Personal loan. Are you receiving threats about court action? Menu 0333 414 1050. It’s save to say that the application will be very simple, similar to their credit card application, with an answer given in a few minutes. Many of our customers have successfully worked with the two financial companies below to finance their swimming pool and spa project. You can choose loan terms ranging from 18 to 84 months. This 4 question debt calculator will tell you if you’re eligible. Alot of people moaning about the apr% but if you make small purchases and pay the balance each month (basically what a credit builder card is designed for) you don’t get charged interest. Complaints to the Financial Ombudsman have risen this year from 830 to 2,006, so it’s safe to say that you’re not alone. That perk is not available with standard home improvement loans. If approved, you will then complete the loan documents with your customer. We offer payment plans that cater to customers with a wide range of credit scores. This new law worked and over the 3 years following the laws the number of loans issued fell from 10 million to 1.8 million and the number of lenders fell from 240 to 60. Blue Haven offices provide access to an exclusive national network of lenders. If you’re unsure how to finance a home improvement loan like a pool, here are six options to consider. Learn about the 4 best ways to finance a pool here. If Aqua Loans UK has treated you unfairly, you may be entitled to a refund even if you have paid off the loan within the last six years. If you’re going to take out a loan, it’s important for you to know the type of effect it’s going to have on your credit score. Servicing all of Southern California. Financing is one way to fund a new swimming pool. Sometimes financing a swimming pool isn’t a smart choice. You can expect to be refunded all the interest you have paid on the loan along with any additional charges, plus 8% interest on any refunds – this adds up to £1000s for some readers. Other Custom Promotions Available At Aqua Loans we pride ourselves on providing the lowest rate finance packages from Australia’s largest and most trusted lending institutions. Offer financing to customers with prime or subprime credit - … Rent, bills, food, car) and without having to borrow more money to make the repayments. Your aqua online account lets you manage everything to do with your aqua card in one convenient place – from paying your balance to changing personal details. However, if you don't qualify or want to use your loan funds for more than just financing a swimming pool, you should compare your other personal loan options before making a final decision. Unsecured Personal Loan Program . Aqua Finance was first mentioned on PissedConsumer on Dec 15, 2012 and since then this brand received 57 reviews.. Aqua Finance ranks 368 of 1851 in Financial Services category. 3. You might find that financing from your local bank and other places just doesn’t make sense or might not be an option. Currently Aqua loans are only available to existing credit card customers and as such information is hard to come by. If you’re after a credit builder card then I would recommend these 100%. Basic in ground fiberglass pools begin around $15,000, with concrete and granite pools well exceeding the $50,000 mark. That's why we have created fast, flexible financing options. Help sell your product by letting customers know there are no pre-payment penalties. The application process is simple, and you won’t have to supply collateral. If Aqua Loans UK has operated legitimately but you simply can’t afford to repay the loan, there are some steps you can take to protect yourself. Other companies have been known to fake the reviews or only encourage happy customers to leave feedback. We’ve awarded Aqua Loans UK a 4.6/5. For more than 30 years, the essence of Aqua Finance's business has been water treatment systems because we know how important they are to many homeowners. The FCA are pretty strict about what a company can and can’t do, so it’s safe to say that they are legit. These include: These limits apply to all credit agreements that have an interest rate of 100% or more and that are due to be fully or substantially repaid within a year. Installing a vinyl lined pool in your backyard is a wonderful option for so many reasons. Giving you reasonable time to repay possibly freezing interest and additional charges. New regulations mean that if the CPA fails to be paid on two occasions, no further requests to your bank account are allowed. Finance your swimming pool, at a low rate. 1. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. The Aqua Group offers financing to assist you in getting your new Advanced Composite / Fiberglass Pool. This includes applications from existing customers for additional borrowing. More Than Just a Loan, Because it’s More Than Just a Pool. When it comes to buying a new pool, we don’t believe that finding the right financing should be … In-ground pools cost over $50K on average. Aqua-Blue Pools has joined forces with Lyon Financial, LightStream, and HFS Financial to offer swimming pool financing to their Upstate SC customers so you can get the pool … We also hold permissions for credit broking but are not a lender. There are many wonderful benefits to adding a pool enclosure. Additional laws came into force in May 2017. And this is why we've now launched personal loans - to provide another credit choice for existing customers who might benefit from this type of product. Give customers options with promotions such as APR reductions, same as cash and deferred payment options. Your monthly payments would be around $1,015 per month and you’d pay $8,696.16 in interest. They say everything is bigger in Texas, and a love of pools is no exception. It’s important to consider all loan terms when comparing loans, including rate, term, loan amount and fees, if applicable. You can expect to be refunded all the interest you have paid on the loan along with any additional charges, plus 8% interest … Log-in below to access your aqua loan details and download your documents. All aqua credit products are underwritten and managed by NewDay Cards Ltd. Our registered details and more. Offer financing for loan amounts starting from $1,500. Unlike other banks and credit unions, Lyon Financial proudly specializes in providing swimming pool & home improvement financing solutions, allowing us to truly target a borrower’s specific needs. This is because when you apply to a lender, they perform a credit check that gets logged within your credit report. The Financial Conduct Authority has introduced a price cap to protect borrowers from excessive charges. Compare lenders, costs and other factors to see if a pool loan is right for you. 30+ Swimming Pool financing is available for all types of pools including fiberglass, shotcrete, concrete, vinyl liner, above ground and more. Imagine swimming after a hectic day at work in your very own vinyl liner pool. When you decide to finance your pool to build a new project or remodel your existing pool, there are several critical steps along the way to ensure success. Here are some of the program highlights: Offer financing for loan amounts starting from $1,500. In order to apply for a pool loan, the logical first step is determining how much money you will need, and understanding your budget. If you don’t have enough money in your account to cover the full amount of the payment due, they can’t take anything. The solution to this problem is to offer another method for customers to finance … Your Viking Capital representative will disclose all terms for comparison and so you can make an informed decision. With a pool enclosure, there is no reason why a pool can not be enjoyed at any time of the year, regardless of the weather. Below are some links to my most popular posts: Aqua Loans UK is a NewDay brand who are regulated by the financial conduct authority (FCA). I’ve had 100s of success stories from readers who have followed the simple templates in my guide. You might want avoid it in the following situations: If you’ll struggle to make the monthly repayments. When investing in an outdoor addition like a pool, hundreds of thousands of homeowners have successfully used lenders to pay for their project. I was in debt a long time. A full list of providers is supplied here; To see how we use, store and share your contact information please read our Privacy Policy. This was based on listening to our partners, understanding their needs and developing finance opportunities that work for them. Kerridge Financial is the trading style of Aqua Financial Limited, which is authorised and regulated by the Financial Conduct Authority. You already know what the best system is for your customers. The result is you don’t know the money has left your account until you see your next bank statement. If you are struggling with important payments such as your rent, mortgage or utility bill, and the money is taken by Aqua Loans UK ahead of these bills, you could end up in serious trouble. Before the new laws came into force, the lending industry was worth over £2 billion, which was fueled by irresponsible lending and stupidly high interest rates. So it’s safe to say that you’re not alone. Any late monthly payments you make are also logged within your credit report. For over 31 years, Aqua Finance has been dedicated to helping dealers, brokers and service providers thrive, one customer at a time. Pool enclosure loans If an individual is lucky enough to have a pool, they may wish that they were lucky enough to have a pool enclosure. If you submit your details, the advice you will receive will be free of charge. If your customers are not able to pay in cash, selling even the best products can be a challenge. Aqua is a brand that is owned by NewDay. A complete cost cap of 100% – you should never be asked to repay more than 100% of the money borrowed. 1. Texas Pool Loan Programs. Call 877-754-5966 today. Again the loans application is rather secretive as it is only available for some credit card customers. However, if you keep making your monthly repayments on time and in full, then this will get recorded within your credit file and your rating will start to increase steadily. Complete Guide with FAQs, Tips, Loopholes & More","datePublished": "2020-08-19","dateModified": "2020-08-19","description": "Do you have a loan with AQUA LOANS? FINANCING A POOL PROJECT January 15, 2013 . We offer “STATED INCOME” programs, long repayment terms for smaller payments and no loans ever carry prepayment penalties. Your personal saving account can serve as a source for helping acquire a pool loan. Threaten you to get their money! We are a dedicated team of finance experts who care for our customers from the initial enquiry right through until settlement and beyond. Because these loans are riskier for the lender, they typically carry a higher interest rate and smaller loan amounts. Some solutions may incur a fee, but these will be fully explained to you by the advisor before you are asked to make a decision. It’s not your fault. If you have good credit and a solid income history, you can take out an unsecured personal loan. Annual Percentage Rates from 6.9% to 17.99%. If you have questions regarding system capabilities and functionality, please contact: 1-844-766-3360 If you have good credit and a solid income history, you can take out an unsecured personal loan. The application process is simple, and you won’t have to supply collateral. THE CONVENIENCE OF ONE-STOP SWIMMING POOL FINANCING Because Aqua Pool & Patio has been operating continuously since 1970, we understand that the key to successfully financing your pool is in working with a lender who specializes in the swimming pool process. The Grange, Grange Road, Recent recommendations regarding this business are as follows: "Screw this company. They’re safe enough to get money from, but you’re not going to be blown away by their customer service. These plans allow your customers to purchase the treatment systems they need to keep their water safe and healthy. This means that each loan has a separate repayment schedule with potentially different interest rates, monthly repayment amounts and payment dates. Call to action for those who want to become a dealer. Take the TrustPilot’s 7.9/10 review with a massive pinch of salt – lenders can influence these scores by asking for a review as soon as you’ve been accepted (when you’re happy with the service). Your best option may be to use a secured loan, as interest rates can be lower when you provide collateral. If you’re unsure how to finance a home improvement loan like a pool, here are six options to consider. It’s also important for you to know that when you’re looking for a single loan, it’s important that you don’t apply to several lenders at once. Of all the new laws, this one has had the most reader success stories for getting a refund. ... we strive to eliminate the often lengthy and stressful loan process, with most approvals verified within 24-48 hours. Don’t panic! Blue Haven Pools Financing Program. It's free to apply and the benefits will be well worth it. Other companies such as Quickquid have been fined £18 million. Loans Aqua Finance offers the most flexible customer repayment term options around by giving dealers access to two different types of loans: Installment Loans (closed-end) and Revolving Lines of Credit. Trademark No: UK00003340161. When you have good credit, you deserve a low-interest, fixed-rate loan. Specializing in Swimming pool financing for over four decades. According to the Association of Pool & Spa Professionals (APSP), Texas ranked third in in-ground and commercial pools in the United States swimming pool … 100% payouts for "A" credit customers. Additionally, the inability to secure a loan can hurt a dealer's business. By providing your customers with the financing options they need to make the purchase, you are bringing in more cash flow TODAY. We are an industry leader dedicated to helping people get the right water treatment system for their home and to giving dealerships the tools to be successful. This means that you must be able to make repayments on time while meeting other reasonable commitments (eg. A Personal Loan. You can be confident that’s what you’ll get with LightStream, because we back our low rates with our Rate Beat Program. . Only if you agree that they can take a partial payment, they are allowed to do so, but you must give your permission in advance for them to do so. They are supposed to inform you prior to debiting your bank account, but many of them fail to carry out this crucial step. We are a dedicated team of finance experts who care for our customers from the initial enquiry right through until settlement and beyond. 2. When to avoid financing a swimming pool. “Can’t fault it. It gives borrowers the flexibility to finance or refinance just about anything, including any new or remodeled pool from The Aqua Group. There are also rules governing the amount of money they can take using a CPA. Unsecured Pool Loans Though not as common, some lenders do offer unsecured pool loans. You’re in control of the loan process with LightStream. There is no impact to your existing loan and your credit agreement remains in place. Through our available financing plans, you'll also be able to offer your customers promotions that will grow your market share, or help close a tough sale. ), Get Them To Prove The Debt (With Letter Templates). Our analysts will review the loan and notify you of our decision. The leader in water treatment financing has become a preferred finance provider for Home Improvement, HVAC, Marine, RV, Powersports and much more. Aqua Finance Marine & RV Loans offers an auto loan product but they do not disclose their rates. Unfair practices have been identified by the Financial Conduct Authority which have resulted in these companies getting huge fines. Obviously if your credit history is good there are far better deals out there but this product does what it is advertised to do, very well.”. If you are looking to finance your next swimming pool project, no problem we have you covered. Pool loans can help you finance the pool of your dreams — without the headache. A popular way to finance a new swimming pool is to take out a personal loan, which can also be referred to as a swimming pool loan. This law tends to act as a bonus when claiming under law #1, although technically you could claim for this independently of law #1. You should continue to make your monthly payments and any Direct Debit you have set up will continue to operate unchanged. Receive daily funding directly into your bank account. They pray on the weak! Ultimately YOU are responsible for your own transactions and need to take some accountability. In fact, our founder, Bob Chadwell, was once a water treatment dealer himself! Online reviews can give you a good feel for the company, but remember to always be sceptical. If you’re eligible for the new government scheme, you could write off up to 85% of your debt! Wonga for example was fined £220 million, which ultimately put them out of business! If you can't find an answer then please contact us: Email us at aqua-support@aqualoans.co.ukremembering to quote your agreement number, if you have one, and mobile phone number so that we can identify you. Not repaying a loan on time will have an adverse effect on your creditworthiness. Of course, you will still owe them money so you must deal with that directly; while you might be tempted to do so, don’t hide your head in the sand. With the option to be taken out as a secured or an unsecured loan, it’s not essential to offer your home for collateral and the quantity of the loan can be determined solely on your credit history. There is no driving to the pool, waiting in line to pay, and going through all the other hassles to swim at someone else’s convenience. Aquamarine Pools (Aqua Pools) ... hassle-free way for borrowers with good to excellent credit to finance their swimming pool purchase. Your first approach should be to contact Aqua Loans UK and talk to them about your problems. We are passionate about not only bringing water treatment systems to those customers who need one, but also those who are having trouble finding the financing to pay for it. Fill out a 30 second form to see if you qualify with my 4 question debt write off calculator. If you couldn’t afford repayments of your loan, or you found yourself taking out another loan to cover the repayments then you could claim for a refund! And, you're able to keep more cash on hand by receiving 100% payouts for qualifying customers. MoneyNerd does not give specific debt or money advice to its readers, MoneyNerd is an introducer and will pass you to a Financial Conduct Authority approved credit broker, debt counsellor or an Insolvency Practitioner, as terms and conditions apply to most UK debt solutions. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. Credit scores down to a 640 FICO score means that even customers with "fair" credit can get a pool loan. We don't have to tell you how crucial they are to providing clean, safe water to a family. Estimate your monthly payment for a swimming pool loan. This means that you do not have to put anything up for collateral. Aqua Finance adds more to life with simple payment plans and financing programs that consumers can afford. 3. Is a Temporary Repayment Plan A Good Idea? Aqua doesn’t seem to lend out many loans and currently only lends to its credit card customers. If so then you’re going to want to become one of the few to read how you can save money by possibly cancelling the loan. Your bank may advise you to inform Aqua Loans UK that you have done this, but you are under no legal obligation to do so; they will be unable to collect any money from you until you give them explicit permission to do so. With a pool enclosure, there is no reason why a pool can not be enjoyed at any time of the year, regardless of the weather. Our call centres are currently limited in the number of services they can offer and the times we are open. The Financial Ombudsman Service received 10,529 complaints about these types of loans in 2017 – this is just the tip of the iceberg as many would have been resolved without escalating to the Financial Ombudsman Service. 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