Renewal by Andersen — Financing
Renewal By Andersen promotes in their advertising and with their sales reps what is called same as cash financing. They offer no payment no interest " deals " for one year to close the sale. What is not mentioned is if you do not pay the entire amount of the loan within that year, you will be charged interest on the entire amount from the date you entered into the loan. So, if you bought 22 windows for $30, 000 and only paid back $29, 000 by the end of the agreed upon 1 year, you will owe interest on $30, 000 from the date of inception. This interest can be as much as 50%!
Renewal By Andersen is sold thru franchises. In The Greater Capitol Region Of NYS and The Hudson River Valley Area the franchise is owned by Eric Minkiewicz. He has operated under different websites: Huff N Puff, RBA Eastern NY, Hudsonvalleynywindows.com and Andersenwindowsny.com. I would STRONGLY advise anyone contemplating one of these loans to first have their attorney give them his opinion. Remember, this offer is from an individual who bought this franchise and NOT from the manufacturer of the windows.