What is the difference between rental
and financing?
Financing is a personal loan with customizable terms and payment options. A rental includes serialized equipment (ex. water heater, furnace, A/C) whereas
a loan can include broader options such as items for a home renovation.
What makes me eligible for financing?
A credit and title check will be performed to determine eligibility. One credit check qualifies you for both rental and financing, so you can choose to proceed with either option.
Is there breakdown protection included with financing?
Breakdown protection is not included, however, you can add a maintenance plan. Contact Fritz England Plumbing & Heating Inc. for pricing and options.
Am I locked in to the finance term?
Financing is open-loan, you have the option to contribute to your loan with no penalties at any time.
What if I sell my house?
You are responsible for the amount owing if you sell your home. The loan is not transferrable, however you can choose to continue making payments as scheduled or pay off the amount owing at your convenience.