Do you need a fence installed at your home or business but don’t have the funds to finance the project right now? The great news is that Jan Fence is a fence contractor in the Ramsey, NJ, area that offers financing options so you can buy the fence, have it installed, and pay for it over time. Here are some of the frequently asked questions about their financing, along with the answers.
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What Financial Institution Lends the Money?
Jan Fence has partnered with Wells Fargo Bank to provide a financing option for our fences and services. With this financing option, you won’t use up your existing funding sources like you would with a home equity line of credit, another credit card, or a bank account. This way, you’ll still have these options available if you need them.
Will Applying Affect My Credit Score?
Since this financing option is a credit card through Wells Fargo Bank, you will need to apply and receive approval from them. Since they will run a credit check, it will show up on your credit report as a credit inquiry for approximately two years. Whether or not it will affect your credit score depends on various factors, including how many other credit inquiries you’ve accrued in the past two years. You can contact your financial institution for more information.
What Information Will I Need to Apply?
To apply for the Wells Fargo Outdoor Solutions Credit Card, you will need your social security number or individual taxpayer identification number, income information, and an email address.
How Long Will It Take to Get My Credit Card?
If your application is approved, you can expect to receive your credit card within days, and it will be automatically added to your Wells Fargo Online account.
Are There Special Terms Available?
Whether or not special terms are available depends on when you apply and what the promotional periods are. Wells Fargo Bank often offers No Interest if Paid in Full offers within a promotional period with regular monthly payments. You can check with a Jan Fence employee to determine if there are any special terms promotions running.
What Happens If I Don’t Pay the Full Balance Before the End of the Special Terms Period?
For No Interest if Paid in Full promotions, interest is deferred for a period of time. If you do not pay off the purchase balance in full within the special terms promotional period, interest will be charged to your account from the purchase date at the regular APR of 28.99%, as of this writing, or whatever it is at the time. In order to avoid interest charges, you may need to pay more than the minimum monthly payment or make a lump sum payment before the special terms promotional period ends.
Are There Any Benefits to Having a Wells Fargo Outdoor Solutions Credit Card?
Other than being able to have your fencing installed before you have the funds in your bank account, there are additional benefits you can enjoy with a Wells Fargo Outdoor Solutions credit card. You will have a revolving line of credit that you can use for future purchases and monthly payments that fit into your budget.