Financing

Lowry Doors is pleased to offer financing to qualified buyers. Please review some of our common Question and Answers below.

GENERAL ELECTRIC FINANCE Q&A

Q: Does GE have to run a credit report in order to approve an application?

A: Yes, GE will pull a credit report to approve an application, and will report to the credit bureaus once an account has been open, raising your score if paid on time.

 

Q: Does GE offer different plans for my financing needs?

A: Yes, they offer 2 different plans you can select from:

  1. Standard plan- 26.99% interest.
  2. 6 Months same as cash- deferred interest/with payment, 26.99% after promo period has ended.

 

Q: Does GE have a minimum payment due every month?

A: Yes, your payment will be 2.50% of the amount you financed or $30.00 whichever is higher. Times the amount financed by 2.50%, and that will be your minimum payment.                        Example: the finance amount is $3000.00….3000×2.50%= 75. The minimum payment will be $75.00

 

Q: Does it take a long time to find out if I will be approved?

A: No, once the application has been submitted to GE, they will have an approval within 5 minutes.

 

Q: Is there a pre-payment penalty if I pay my account off before the promo period is up?

A: No, there are no pre-payment penalties.

 

Q: How can I make my payment to GE?

A: You may send a check in the mail, pay by phone, or register your account online, allowing to make your payments online.

 

Q: Is there a phone number I can call if I have any further information?

A: Yes, 1-888-222-2176