How to Finance a Treadmill

• 1). Pull a copy of your credit report and review it for negative marks, including late payments, charged-off accounts, judgment, bankruptcies, medical judgments and excessive inquiries. All these contribute to a low score and could hinder your ability to get treadmill financing.
  
  
• 2). Clear up the negative marks on your credit prior to seeking financing. Applying to several lenders with poor credit will only further weaken your already poor score. With a FICO less than 550, you should wait at least six to 12 months for your credit score to improve.
  
  
• 3). Research treadmill companies. Nautilus, an industry leader, offers some of the most reputable treadmills on the market. Other online companies, such as FitnessBlowout.com, offer a wide variety of products from multiple retailers. Look for the best deal on the treadmill of your choice.
  
  
• 4). Decide if a line of credit is the right type of account for you. Most companies offering treadmill financing offer credit card-type accounts that only mandate a minimum payment--meaning you'll need to exercise strict fiscal discipline to repay the loan quickly.
  
  
• 5). Apply for three to four treadmill loans at a variety of retailers. Review the options presented to you. Choose the one that best fits your fitness and financial goals.