Why Pool Financing Loans Are Becoming 'Not a Thing'

Traditional pool loans done through a traditional pool or landscape company are becoming not so much of a "thing" anymore. Although these loans are still offered by pool companies, they are growing less popular based on options many homeowners are finding more beneficial.

The pool industry does not want to tell you that.

Research shows that generally speaking, that if one has a strong credit score, that personal loans have better rates loan terms than pool finance companies.  A pool loan may have higher rates and longer terms than a personal loan. 

Also, with a traditional pool company/pool finance loan, you can't fund the "build your own pool" concept realistically, because pool loan financiers pay the pool contractor directly giving you no ability to control how the funds are dispersed.  When you get a personal loan, this is how you pay the subcontractors directly, instead of paying for a middle man acting as the pool contractor, a homeowner builder saves that money acting as the contractor.

I know all of this sounds scary and overwhelming and it was for me too at first!  At Fireside Pools, we don't believe people should pay more than they have to and that everyone should be able to have their dream pool for an affordable price.  This is why Mike and I created Fireside Pools so that we can help people do what I was able to do and save an average of 25% by building their own pool.