Financing a Hot Tub with Bad Credit

After a long, hard day, wouldn’t it feel great to relax in a hot tub? It sounds great, but can sound too good to be true, especially if you have bad credit (or are just beginning to build up credit history).


In the past, financing a hot tub may have seemed out of reach for those with less-than-stellar credit. But that’s not necessarily true today. Financing a hot tub may be possible even if you have bad or no credit, due to an increase of lenders in the marketplace. Read below how bad credit hot tub financing is possible for those with imperfect credit. In this article, we’ll cover:


  • What Exactly Is Bad Credit Hot Tub Financing?
  • Does “No Credit Check” Mean the Same as “No Credit Needed”?
  • Where is Hot Tub Financing for Bad Credit Available?
  • Who Can Get Hot Tub Financing and How Do I Apply?
  • FAQs About Bad Credit Hot Tub Financing

Bad Credit Hot Tub Financing – What Is It?

Bad credit hot tub financing is the term used to describe the options for those with less-than-perfect credit scores or no credit, to secure financing for a new hot tub.

Adding a hot tub may help make an upgrade to your home more realistic, even without perfect credit. Read on to discover important aspects of bad credit hot tub financing.

No Credit Check vs. No Credit Needed for Hot Tub Financing

The terms “no credit check” and “no credit needed” may sound similar, but they are not the same thing. Read below to see the difference between the two terms:

No Credit Check vs. No Credit Needed

  • No Credit Check is when someone’s credit will not be pulled.
  • No Credit Needed refers to the fact that your credit score may be checked, but there are other factors that are part of the approval requirements.

For the No Credit Needed option, while your credit may be considered, it may not be the only factor in your loan application. Other criteria, such as your income level, may be considered.

father son playing in hot tub

What Kind of Hot Tub Can Be Financed with Bad Credit?

Hot tub financing may be a good option for consumers with bad credit who want their own hot tub when upfront costs can be an understandable challenge.


You might be wondering: Is a lease the same as a loan?

Leases & loans are quite different – here’s what you need to know:

  • A loan (or personal loan) is generally a lump sum of funds provided on the recipient’s behalf that is paid back over time (and, like most loans, includes interest.)
  • A lease (or lease-to-own option) allows the recipient to possess the leased item for a pre-determined period of time and includes the option to purchase the item outright. It does not include interest but has leasing fees.

Contrary to traditional lenders, alternative lenders may be able to offer options for financing a hot tub, and may potentially be able to include the costs of installation and setup process as well. This might be an option for consumers looking to alleviate some of the financial strain associated with hot tubs, like paying for a hot tub in total, upfront.

Type: Portable Hot Tub

Average Price**: $3,000 – $8,500

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Type: In-Ground Hot Tub

Average Price**: $5,000 – $20,000

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Type: Swim Spa Combo

Average Price**: $5,000 – $30,000

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Type: Wooden Hot Tub

Average Price**: $2,500 – $11,000

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Type: Rotationally Molded Hot Tub

Average Price**: $2,500 – $6,000

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The Popularity of Financing Hot Tubs

There are several reasons why financing a hot tub can be a popular choice. According to Healthline, hot tubs provide several health benefits. They can help with relaxation, stress relief, and even pain relief. They’re also a great way to spend time with friends and family and can be fun.

hot tub with cover on deck

Applying for Hot Tub Financing with Bad Credit

Alternative lenders may offer consumers bad credit financing options that include paying over time, instead of all at once, along with different requirements for credit scores and histories. These lenders may be less likely to require high credit scores for credit approval, but this will vary by lender. Credit history may be part of the assessment, but this is only one factor used for consideration. Gathering and understanding all pertinent information may be a good move before applying for or accepting any agreements.

You are more than just your credit score. If you’d like to apply through our website, you can begin by finding a store and applying* with basic information such as your income.

Bad Credit Hot Tub Financing in Summary

Obtaining financing with a bad credit score may be challenging for some consumers. Traditional lenders may favor those with good credit (considered a score of 670 and above) and may not offer financing to those without a very high credit score. Fortunately, some alternative lenders specialize in working with borrowers with less-than-perfect credit.

Regardless of whether you’re looking for the best 2-person hot tub or a larger 6-person hot tub, alternative lenders may be able to help you obtain financing.

hot tub with cover in lush backyard

Hot Tub Financing with Bad Credit FAQs

Here are some frequently asked questions and answers.


Q: What Qualifies as “Bad Credit” Financing?

A: An applicant with a credit score below 670 is considered to have fair credit. By utilizing bad credit financing, otherwise known as alternative financing, individuals with no credit or low credit scores may be able to access previously unavailable products and services because of a less-than-perfect credit score.


Q: What Credit Score Is Required to Get Financing?

A: A credit score of 670 or higher may be required to qualify for traditional financing options. However, alternative lenders may provide financing options to those who may or may not qualify. With alternative lenders, it varies; but you may be able to qualify for hot tub financing even if you have a low or no credit score.


Q: Where’s the Best Place to Finance a Hot Tub?

A: Borrowers without excellent or that have less-than-perfect credit may be able to apply for spa and hot tub financing through alternative lenders.


Q: How Can I Finance a Hot Tub With Bad Credit?

A: You can apply for hot tub financing on our website. The application process takes just minutes. Yes, your credit will be checked, but credit is one of the factors we assess when determining approvals. To begin, find a preferred merchant near you.*


Q: Where Can I Use My Hot Tub Financing if Approved?

A: Our customers can choose from hundreds of locations across the United States. Use our Merchant Search tool* to locate a store near you and apply for financing online and get an answer today.