Quick Answer: What Can I Use Home Depot Project Loan For?

Can I use my Home Depot project loan card anywhere?

The Home Depot Project Loan Card can only be used at Home Depot.

If you plan to make a significant investment in your home, the card gives you a line of credit for big projects and allows up to 7 years to pay it off..

What credit score do you need for IKEA?

a 670 credit scoreThe IKEA Visa is a credit card many report needing a 670 credit score or higher for best approval chance. Many standard features apply to this card like a balance transfer fee of $10 or 5% of the transaction (whatever is higher), late payment fees of up to $37, and an APR as high as 23.99%.

What discounts does Home Depot offer?

19 Ways to Save at The Home Depot Every Time You ShopPrice Match Policy. Home Depot has a Low Price Guarantee to price match other stores. … RetailMeNot Discounts. … Check the Savings Center. … Save on Your Next Move. … Free Tool Repairs. … Sign up for Emails. … Save on Bulk Orders. … Shop the Discount Bin.More items…•

Does Home Depot give a discount for using their credit card?

The Home Depot Consumer Credit Card does not offer a discount, but there are rotating limited time offers for a variety of products and services.

What can you buy with Home Depot project loan?

A Home Depot project loan provides customers with a line of credit up to a $55,000 maximum for financing a home improvement project. If you want a kitchen remodel or to upgrade a bathroom, the loan makes it possible to swipe a card at Home Depot to purchase the items needed to complete your project.

What credit score is needed for a Home Depot loan?

640 or higherA credit score of 640 or higher is needed for a Home Depot card. That’s the case for the Home Depot Credit Card and the two Home Depot business credit cards. All three Home Depot credit cards are store cards, meaning they can be used only at Home Depot.

How does Home Depot financing work?

The length of your financing period depends on the size of your purchase. You get 24 months of financing for purchases of $5,000 or more; 12 months for purchases of $1,000-$5,000; and 6 months for $299-$999. … Plus, Home Depot regularly runs promotions to encourage you to finance purchases with the card.

Is the Home Depot project loan a good deal?

If you need to finance a home improvement project, a Home Depot project loan may be worth exploring for a large amount at a competitive fixed rate. It could be a particularly good option if you were already planning to purchase all of your materials and installation services from Home Depot.

How do I pay my Home Depot project loan?

Payment InformationNever miss a payment again with our free Auto-Pay automatic monthly payments feature. Click here and follow the easy directions or call us at 1-877-476-3860.Make a free Online Payment by clicking here.Make a free Phone Payment by calling 1-877-476-3860.Make a Payment by Regular US Mail: Dept #3025.

What credit score do I need for Lowes?

620 FICOThe minimum credit score needed for a Lowe’s card is 620 FICO. This is the same for the Lowe’s Advantage Card and for Lowes Business Cards. Make sure your revolving utilization is below 30% when you apply or they may deny you. You should always consider improving your credit score first before applying.

Does Home Depot offer payment plans?

Home Depot has two main financing options for consumers. As of the date of publishing, the Consumer Credit Card offers 6-month deferred interest on financing for everyday purchases over $299. The Home Depot Project Loan Card is intended for larger projects, like remodeling a bathroom or a kitchen.

Is the Home Depot card worth it?

The Highlights No Annual Fee: The best part of the Home Depot® Credit Card is something that it lacks: an annual fee. It’s not uncommon for a store-affiliated credit card not to charge an annual fee, even if it will approve applicants who have limited credit, but it’s definitely a plus nonetheless.