Dacraft™ (Waxco International, Inc.) uses a national financing company to assist our customers with funding for their home improvement projects.
- Approvals/Denials are received within an hour of submitting application
- Approvals are good for 90 days
- Payments begin approximately 30 days after completion of job
- Minimum payments are 1.75% of the balance or $30, whichever is greater. Payments do not decrease over the term of the loan - this is a revolving line of credit.
- Customers will receive a Waxco credit card, which may be used in the future if there is sufficient credit available.
- Customers will receive monthly statements as long as they have a balance. Customers with deferred payment plans will also receive statements - even when no payment is due.
- Applicant must own the property that is being improved, however, no liens are placed on the property. This is a signature loan.
- The financed amount can not be greater than the contract amount.
- There are no pre-payment penalties
- No down payment is required