Need to Upgrade Your Computer but Don’t Have Cash or Good Credit? Here’s What to Do

Do you have a home desktop computer or laptop that has seen better days? Does it seem to struggle to perform even the simplest and most basic of tasks? Has its speed drastically reduced despite the fact that you don’t have a lot stored on it? Is it approaching the five-year mark, or older? If you’ve answered yes to these questions, there’s a good chance that your computer is nearing the end of its life.

Desktop computers typically have a lifespan of five years, whereas laptops are three to five years. At this point they can start to act up, become less dependable, slow down substantially, and frankly the technology can be so old that it is obsolete.

Knowing you need a new computer and then purchasing one are two totally different beasts though, especially if you don’t have the extra cash available and you don’t have good credit. So, does that mean you need to make do with what you’ve got? Not necessarily, as we’ve got some tips that can make it possible for you to upgrade your computer right now.

Make Some Extra Money

The first logical step is to look at ways you can make some extra money to finance the purchase. That could mean working extra hours or taking extra shifts. Sure, it will be tiring, but you need to keep your goal in mind.

If you don’t have the option to work extra hours, it may be necessary to find a second job to get a little supplemental income.

Re-Do Your Current Budget

Whether you’ve found a way to make some extra money or not, you can also take a close look at your budget and look for areas you could enjoy some savings. What expenses can be cut down on? Maybe you can even eliminate some all-together, even if on a temporary basis.

Consider a Payday Style Loan

Another fabulous option is to consider a payday loan. These are perfect for people who don’t have the cash up-front for the purchase, but will be able to come up with it in a short period of time. People often ask “what happens if I have bad credit, can I still get approved for a payday loan”, and the short answer is yes when you choose a lender such as LoanPig. 

LoanPig is an online lender where you can find loans of £50-£1500 that need to be paid within one to 12 months, and they won’t automatically turn applicants down who have bad credit.

Work on Improving Your Credit

Even after you purchase your new computer, it’s a good idea to think about future purchases. Unfortunately, having bad credit can affect all kinds of things such as your ability to be approved for a loan, line of credit, or even a credit card. With that in mind, it’s a good idea to work on improving your credit so the next time you are faced with an unexpected expense, you’ll have more options at your fingertips.

Start Enjoying that New Computer

Now that you’ve got your brand-new desktop computer or laptop, all that’s left to do is enjoy it.