popular home improvement projects

Most Popular Home Renovation Projects for 2022

Most Popular Home Improvement Projects for 2022 These are the most popular home improvement projects for 2022 Kitchen and bathroom upgrades remain top of mind for homeowners. Work-from-home life continues to inspire home renovation. Renovation projects are influenced by regional factors, such as weather and housing trends. The home improvement trend that surged as people…

Estate home with inground concrete swimming pool and hot tub with additional patio space

Financing a Pool in 2021

Financing your pool in 2021 We found this great article from Forbes.com and thought we’d share with our clients.  Since we are one of the largest pool finance companies in the U.S. we can provide pool loans up to $100,000 from 4.99% for 15 years or longer.  We offer no credit card options, no prepayment…

6 Kitchen Design Trends in 2021

The kitchen has always been a place for gathering, but 2020 took it a step further. Now, homeowners are looking to create an inviting and entertaining space. From family meals, Zoom calls, online school, and virtual happy hours, the kitchen has and will always be the heart of the home. Here at PowerPay, we’ve seen…

Mortgage rates dropped to a new low for the 15th time in 2020

Mortgage rates dropped to another fresh low — marking the 15th new record this year — and they may not be done sinking in 2020. “Rates could fall lower than their current, record-low levels,” said Matthew Speakman, an economist at Zillow. “The path forward for mortgage rates depends greatly on epidemiological developments and policy-related matters,…

27 Loan Terminologies You Must Know

Below are common loan terms that’ll help you expand your loan vocabulary so you can make a more informed decision when borrowing money. Using a loan to finance an expense—whether it’s for an automobile purchase or home improvement project—can be a smart decision. However, if you’re not familiar with certain loan terminologies, you might be…

8 ways to finance your home office

PowerPay’s Home Office Financing:    Are you reading this blog post from your home office (aka your kitchen/dining room table with your desktop and papers spread all over)? You’re definitely not the only one. 2020 taught us many valuable lessons- one of them being that when it comes to working from home, a designated office…

FICO scores and promotional home improvement loans

Secrets about FICO score and Promotional Home Improvement Loans

Here’s a little secret other home improvement lending companies don’t want you to know.  While some lenders grew throughout COVID-19, many lenders that either stopped writing loans or have “tightened” their credit policy.  This means that fewer and fewer customers with decent credit are being approved or “risk adjusted” which means higher interest rates.  As…

International Roofing Expo Dallas Texas

International Roofing Expo Dallas Texas Feb 4th, 2020

International Roofing Expo, Dallas Texas Feb 4th-6th, 2020   PowerPay is exhibiting at the International Roofing Expo in Dallas Texas on February 4th-6th, 2020. Our booth number is 6436 and we are in the Business and Technology Section. Come visit us to learn about our exciting consumer finance program for home improvements delivered through contractors,…