Home improvement scams increase in 2022: BBB report
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Home improvement scams increase in 2022: BBB report

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Home improvement scams carried the highest risk to Canadians in 2022, according to a new report from the Better Business Bureau.

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The BBB Scam Tracker data shows home improvement scams increased 51.2 per cent last year, to 6.2 per cent of consumer reports from 4.1 per cent in 2021.

People lost an average of $1,900 to this type of scam, up from $661 in 2021.

The percentage of Canadians who reported losing money after being targeted by a scam increased to 46.9 per cent in 2022, from 45.1 per cent the previous year.

“Home improvement scams

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Credit Score Requirements for Home Improvement Loans

NEW YORK, NY / ACCESSWIRE / March 28, 2023 / OneMain Financial: Homeowners use several forms of financing to make renovations or updates to their homes, including personal loans, home improvement loans, home equity loans, or a home equity line of credit. Each lender will have their own credit score requirements, and some may be more stringent than others.

Review this list of the most common types of home improvement loans for more details.

1. Home equity loans

While lenders often look for a credit score of at least 680 or higher to approve a standard home improvement loan, the

Here’s where to find everything home improvement this weekend in Rapid City
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Here’s where to find everything home improvement this weekend in Rapid City

RAPID CITY, SD– Rapid City’s annual one stop shop for everything home improvement is now open for the weekend. The 47th annual Black Hills Home Builders Association Home Show opened Friday morning at The Monument.

Homeshow 2For anyone looking at home repairs, upgrades or leisure items, this is the place. 400 vendors ranging from roofers, plumbers, siding specialists, spas and more are on hand throughout The Monument an in the Summit Arena.

And if talking gutters and shingles isn’t your significant other’s thing, 80 small business vendors are set up in the pop-up market place in the Barnett Field House.

The

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Should you get a home improvement loan from your contractor?

Using a general contractor who offers home improvement financing seems convenient, especially if they’re standing in your kitchen ready to start as soon as you pay them.

Contractors who offer loans usually work with third parties that specialize in home improvement financing. While there are benefits to the arrangement, even a highly recommended contractor may not give you financing that fits your needs, so it pays to shop around.

Here’s what to know about contractor financing options and alternatives to consider.

RATES ARE TIED TO CREDIT, NOT EQUITY

Many contractors offer unsecured personal loans, which don’t require you to have

Amid inflation prices Americans turn to DIY home improvement projects
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Amid inflation prices Americans turn to DIY home improvement projects

As high home prices and mortgage rates force many homeowners to stay put rather than trade-ups, a whopping 90% of homeowners are looking to make their existing living space more comfortable this year, according to a new survey.

But as inflation continues to drive up material costs, many are turning to DIY projects to save money.

For example, while the consumer-price index, a measure of inflation, moderated to 6.4% in January from a year earlier, the cost of floor coverings rose 13.1%, and the prices of tools, hardware and supplies went up by 11.8 %, according to data released earlier

One Room- 5 Ways – French Country Cottage
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One Room- 5 Ways – French Country Cottage

One living room with 5 different layouts? Can it really make a difference in how the overall room and seating area feels?

Our living room is basically a room that has kind of made me crazy since I first started trying to place the furniture. It is probably something that you haven’t noticed – I focus on the good points and details rather than what drives me crazy. But make no mistake- there are things that drive me crazy. Today for Friday Favorites- we are revisiting this favorite post of yours and mine and chatting about room layouts and ideas

Spring Home Show kicks off successful year for many contractors & small home improvement business owners
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Spring Home Show kicks off successful year for many contractors & small home improvement business owners

PEORIA (25 News Now) – The 2023 Annual Spring Home Show continued Saturday at the Peoria Civic Center.

140 vendors from all over Illinois, some as far as Effingham, came out to meet with homeowners to discuss projects they’re working on.

Some vendors offered services like gutter replacements, Jacuzzis, windows and everyday staples like mops and fancy brooms.

It’s the largest home show in the state, put on by the Home Builders Association of Peoria, Executive Director Lisa Scott, says some homeowners come out to plan projects years in advance.

”It brings everything together here under one roof so everything