Same as cash is a type of deferred interest financing that allows customers to buy products without incurring any interest during a specific period. These offers are commonly marketed to consumers who have poor credit, and they can be a great way to get a product you need at a price you can afford.

It’s important to understand how same as cash works, and what homeowners can expect from it before they make a decision about which home improvement project they want to invest in. It’s also vital for contractors to understand this loan type in order to be able to provide the best possible service to homeowners, which can help you win more jobs and stay competitive.

Many consumers are enamored with the idea of “same as cash” financing because it sounds like it could make their financial life easier. However, these offers are not as straightforward as they seem and they can put people in dangerous financial positions if they’re not careful.

A common misconception among consumers is that a six month same as cash offer means that they won’t pay any interest on their balance during that period. This isn’t actually the case, though. Instead, the consumer can make minimal payments or no payments at all during the six months, but if they don’t pay off their entire balance by the end of the six-month period, their lender will take away their same as cash terms and add interest back on to their balance. Read more


Despite this, same as cash financing can still be an effective way to purchase highend items, but only if the consumer is disciplined and can stick to a budget. It is not for everyone and should be avoided if you’re not sure whether it is right for you or your household.

You should also be aware that same as cash loans are typically paid off in full before the term of the loan expires, and most lenders charge a dealer fee when the homeowner selects this option. This fee is usually in the form of a percentage of the total amount funded.

Same as cash can be a great way to own furniture or appliances, but it’s important to remember that the loan doesn’t last forever. If you’re not sure if it’s a good fit for you, talk to your local dealer about the different options that are available.

When you’re looking for a financing option that can help you own the products you want, consider renting to own from Rent-A-Center. This money-saving payment option lets you choose from a wide range of brand-name products at the lowest possible price. And, as a bonus, Rent-A-Center always includes delivery, set-up and product service and repair in the price of the item, so you can avoid paying extra for these services.


Similar to the buy now, pay later solutions that are popping up on retail shelves, same as cash is a flexible financing option that can introduce more flexibility into your customer’s home improvement budget. It’s a great choice for homeowners who want to own the things they need without having to pay an upfront cost, and it’s also a smart choice for contractors looking to earn more income on their projects.