Golf clubs are expensive, and you cannot really expect a great sporting experience without branded clubs. Some clubs can cost thousands of dollars, and it’s understandable that not everyone has that kind of money to pay upfront. That’s where golf club payment plans come in the picture. You can choose to rent to own golf clubs, or can finance via online installment loans. In this post, we are reviewing all of the basic options.
- Company Programs. Companies like TaylorMade offer the choice to lease golf clubs, of course for an interest – 9.99 percent! The program, however, is flexible, and you can choose to upgrade your clubs every year, or in couple of years, and the payments will roll into your next set. When you repay all the money in installments, you own the clubs. Note that such programs do have a credit check.
- Third parties. There are also other third-party companies that allow golfers to rent clubs via agreements. Depending on your requirements, you can get the clubs at a decided price. Credit check is usually done, but some may offer leasing with a bad credit score. Some retail stores do have financing options, and terms & conditions may vary.
- Loans. There is no better way to finance and own your golf clubs than loans. There are online lenders, who offer flexible plans, where you can repay the money in installments. It is almost like buying anything else, and the good part is there is no need for a credit check. Of course, there are certain requirements, like you need to have a job, stable income, and so on, but financing your clubs is the best option to cut down on the costs. Note that if there are no credit checks done, the interest rate can be higher.
Always consider all your options, calculate the costs, before you take a decision on financing golf clubs. It’s understandable that golf clubs are often seen a symbol of status and are must-haves for any golfer, but consider how you are going to repay for the loan you have incurred. Also, it is wise to think of the installment by evaluating other costs and expenses per month. You will need to repay the loan, for which financial planning is needed. Also, terms and conditions may vary from one lender to another, and if you are applying online, do check their FAQ page.