How to finance a home renovation with Citizens Pay

By Amy E. Freeman

Do you dream of a new kitchen, better bath or greater energy efficiency? You can make your home your castle with renovations large and small. Whether you're envisioning an entire kitchen redo or want to make targeted updates throughout, a pay-over-time program can help make your plans a reality while staying within your home renovation budget.

Benefits of making home renovations

Updating and renovating your home can provide immediate and long-term benefits. Changes to make your home more like you want it may range from superficial tweaks that add aesthetic value to more substantial upgrades and additions that boost its assessed worth.

Some of the top benefits of renovating your home include:

Adding personality

Home renovations let you put your stamp on your place, whether you want to accent your style with crown molding or transform a plain bathroom into a spa retreat. Even simply refreshing your furniture or fixtures can bring new life to your home.

Increasing comfort

Whether it's replacing the carpet or taking down walls for better flow, some upgrades aim to make your space more pleasant to be in. These renovations in particular are ones you can enjoy now and can often give your house a bump in resellability.

Boosting property value

Bathroom and kitchen updates are notoriously smart moves for increasing the overall value of your home. They pay off now by giving you a more functional space and later with a potentially higher selling price.

Reducing energy use

An upgraded HVAC system, low-flow faucets and insulation can make your home more energy efficient and lead to lower utility bills. Energy-based updates can also pay off when it's time to sell because many buyers are on the lookout for greener homes.

Tapping into flexible financing

Many renovations require you to pay for the work and products upfront. You could put it on a credit card, use your home's equity or apply for a personal loan, but consider another option: financing that lets you pay over time. Citizens Pay offers a way to fit the cost of a project into your budget without charging the high interest rates that usually accompany consumer borrowing options.

Partners that work with Citizens Pay

Citizens Pay has joined forces with many well-known brands and retailers, providing you with an instant decision when you're remodeling or updating your home. A few of the home improvement retailers and service providers Citizens Pay works with include:

• Bedrosians Tile & Stone. You'll find a variety of backsplashes and countertops at Bedrosians as well as flooring options ranging from mosaic, porcelain and paver tiles to hardwood.
• The Tile Shop. Choose from a wide selection of materials for your bathroom, kitchen and outdoor projects, from showers and floors to fireplaces and pools.

Bringing your renovation dreams to life

The full cost of a home project can seem steep, especially if you're going to pay for it all at once. But breaking that cost up into monthly payments can make it much more manageable. For example, a $1,000 project can become 10 payments of $100, or a $2,500 project can break down into 20 payments of $125.

You can apply for Citizens Pay at the point of purchase with participating retailers. When you're ready to buy, tap the Citizens Pay option. You'll provide some basic information about yourself and get an instant decision, so you can buy your new furniture or renovation materials right away. Multiple payment plans are available so you can pick the one that works best with your home renovation budget.

You don't have to put off making your home your own. You can enjoy your refreshed, updated home now while paying for it over time. Learn more about the financing options available with Citizens Pay.