Home Improvements & Repairs

Unexpected home repairs and improvements seem to always come at the most financially inconvenient time. According to a 2022 report, homeowners spent an average of $6,000 on home repairs and maintenance, while some repairs can easily cost over $10,000. What do you do if you have needed repairs that you can’t afford?

Didn’t Save For A Rainy Day?

A great rule of thumb is to set aside 1% of your home’s value each year for unexpected maintenance and home repairs. So, if your house is worth $100,000, saving $1,000 per year for the inevitable maintenance should typically cover most home repairs. Unfortunately, most people do not have these kinds of emergency cash reserves.

Unexpected Repairs?

If you haven’t saved up enough money to pay for a new roof or replace a furnace, you could be in trouble.  The total cost of roof repairs or a furnace replacement will vary depending on the size of the home and the amount of damage, but these types of repairs can easily cost thousands! And not immediately fixing a leaking roof or addressing other major home repairs can leave the rest of your home vulnerable to further damage in the form of water leaks, drywall damage, and moisture damage, which can lead to mold and mildew growth. This means even more expensive repairs soon.

Repairs Cost How Much?

Here are the average costs for some common repairs most homeowners will eventually face:

• Repair a foundation – $2,196 to $7,921
• Installing an outlet – $200 to $300
• Replacing breaker panel – $520 to $2,120
• Repair a roof – $391 to $1,901
• Replace a roof – $5,900 to $12,900
• Repair a water heater – $221 to $980
• Replace water heater – $750 to $1,300
• Repair water damage – $1,300 to $5,600
• Repair damaged pipes – $370 to $2,108
• Repair septic tank – $630 to $3,035
• Replace septic tank – up to $9,500
• Repair AC unit – $450 to $2,000
• Repair furnace – $130 and $1,200
• Mold removal – $373 and $7,000
• Termite damage – $1,000 to $10,000

How Will I Be Able to Afford an Expensive Repair?

If you’re low on cash but need an immediate home repair or home improvements, there’s a way to ensure your home remains protected. Here’s what you can do if you can’t afford home repairs outright but want to make sure you still protect your home when finding all of the cash to pay for roof repair or major home repair upfront can be near impossible. Now there are quick and easy options available that you can use to pay for the cost of these expensive repairs over time. If your home has expensive but much-needed repairs, you will definitely want to consider a personal installment loan to get the repairs done as quickly and easily as possible.

The Uprova Solution

Uprova is a great way to finance these unexpected home repairs and improvements with a personal installment loan. A personal installment loan through Uprova does not use your home or other property as collateral. A fixed-term personal installment loan can typically be used to finance almost anything you like, so these loans are an excellent choice for more substantial projects when you need the money fast.

Online Installment Loans Have Just a Few Requirements

You don’t need to have perfect credit to get an online tribal installment loan. When you apply for an easy tribal installment loan, you’ll be asked to provide basic required information.** These requirements can include being a U.S. resident who is at least 18 years old with a valid email address and phone number. You should also have an open bank account in good standing and a verifiable source of income.

The application process is fast and straightforward for personal home improvement loans.

Getting approved for an online installment loan is a relatively quick process and an excellent alternative to payday loans, especially for those with bad credit. You only have to fill out the online loan application and meet the lender’s underwriting requirements. The lender will then verify your information, and if your loan is approved and you accept the terms, you can typically have the funds deposited into your bank account within 30 minutes, 24/7/365!* 

How to Apply

A personal installment loan with upfront terms and an easy-to-understand repayment process provides cash to pay for home repairs before they get out of hand or cause further damage. If you have expensive home repairs, then apply online for an affordable online installment. The online application is easy and only takes a few minutes to complete, and you’ll receive your approval decision in minutes! Apply online and fix your home today!**

What Sets Uprova Apart?

Uprova makes applying convenient and easy. New customers can apply right on our website. Returning loyal customers can easily reapply for a new loan and, if they qualify, may receive a lower rate! Typically, you’ll know our decision quickly after hitting submit. Manage your loan from the palm of your hand!

We believe getting an online tribal installment loan shouldn’t be complicated.

Uprova prides itself on offering fast, convenient, confidential, and secure financial solutions.

The content of this website is for informational purposes only. Nothing on this website constitutes financial or professional advice. Consult a professional for advice suitable to your personal circumstances.