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Installment Loans To Help You Prepare For A New Year

We all see a new year as a new opportunity to do something different than we have in the past. We can set new goals and make our wishes, but we can’t predict what headaches a new year will bring. Sometimes the unexpected happens in life, but we want you to be as prepared as possible.

To avoid a complicated financial situation at the start of the new year, we’ve created a checklist of important items to check on. Our goal is to make sure you are prepared and know that we offer financial options to help you when you need it most.

Check your car

Why does it always seem that when you get your car worked on for one problem, at least two more arise? For anyone that has ever had car trouble, you know that you never want to go through it again. Instead of being reactive to a car situation, you’ll want to be proactive.

  • Check your tires to make sure they are properly inflated and that the tread isn’t worn
  • Test your brakes by paying attention to what happens when you brake. If you hear any abnormal noises or the feel isn’t right, then it’s time to get them checked.
  • Don’t skip an oil change as that can eventually lead to an engine breakdown.
  • Turn on the air conditioning even though you don’t need it. You want to make sure it’s still blowing cool air to avoid any surprises in the summer.
  • Repair windshield cracks to prevent them from spreading across the entire windshield creating the need for a replacement.

Test your appliances

Is your refrigerator running? Is your dryer drying? Do you have hot water? All important questions.  We highly recommend you check that all your appliances are functioning properly as we head into the new year. We’ve listed a few we think are most important:

  • Refrigerator
  • Dishwasher
  • Oven
  • Washer
  • Dryer
  • Water heater

Although we may consider some of these a luxury, you want to make sure that what you have works!

Don’t ignore home repairs

Make room for home repairs in your new year resolutions. They are essential to maintaining a functioning home and can prevent major problems in the future. Here are some key places in your home you’ll want to inspect or repair in the new year.

  • Roof – it has the important task of shielding your interior from outside elements. Be aware of leaks or missing shingles. The average cost to replace a roof is $6,000.
  • Heating/air conditioning – they always seem to go out when you need them the most. If your heater isn’t keeping you warm through the cold winter months or if you noticed your air conditioning wasn’t cooling in the summer, it’s time to get them inspected. The average cost of repair ranges from $200 – $600.
  • Fence – it’s a good way to define your space and set your boundaries but, when boards are falling apart or missing, unwanted guests can make their way into your yard. The average cost of a fence repair is $550.
  • Pipes/plumbing problems – leaks and rusty water are just a few red flags for issues in your pipes. Because pipes are usually located in hard to get to areas, repairs are typically costly. The average cost of plumbing repairs can range from $500 – $3,000.
  • Electrical/wiring problems – flickering lights, outlets not working, and circuit breakers tripping are all signs of electrical problems. Get these in working order now before you have to rewire your entire home. The average cost for simple electrical repairs can range from $150 – $500.

Whether you’re going to DIY or hire a professional, make sure you are performing regular maintenance on your home.

Try on something new

A new year can mean the search for a new job, an opportunity to seek a promotion, or just a time to set new goals in your current position. Either way, it’s always important to dress the part no matter where you are in your career. Start off the new year by refreshing some staple business attire pieces in your wardrobe.

  • Pants
  • Shirts
  • Ties
  • Dresses
  • Shoes

While your job may not require this specific dress code, it’s always smart to have simple pieces on hand in case a new opportunity arises. And there’s nothing like a refresh on your closet.

Get a head start on your taxes

Lastly, start preparing for tax season. Prepping your taxes now means that you can file early and get your money sooner. Why not start the year off with some extra money in your pocket? You can begin paying off debts, putting a down payment on a used car, focusing on your home, or taking care of medical expenses.

If you discover a problem as you’re going through this checklist, remember that Sun Loan offers installment loans to help you when you need it. Visit any of our locations and let us help you get prepared for the new year.