Home Depot Project Loan Reviews
A home depot project loan provides customers with a line of credit up to a 55 000 maximum for financing a home improvement project.
Home depot project loan reviews. The home depot offers the home depot project loan for regular customers to pay for a single large job at home it s not meant for contractors. 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. The home depot project loan. 66 78 90 or 114 months.
Small or frequent. Home depot s project loan is a credit line geared toward people who shop at home depot and want to finance home services and improvement projects. Besides it has also been concluded that other cards and services are more competitive for the customers who wish to purchase something or make other changes. How much will this loan cost me.
The home depot project loan review. Home depot project loan home depot consumer credit card. Instead it provides a very large credit limit up to 55 000 for home building. Home depot has four set loan terms and apr tiers for its borrowers.
Its financial products come with a relatively high interest rate and inflexible terms. But while your monthly repayment may only be 20 per 1 000 borrowed a loan. The home depot offers the home depot project loan for regular customers to pay for a single large job at home it s not meant for contractors. Instead it provides a very large credit limit up to 55 000 for home building and renovation projects and gives you a very long time 7 years to pay it off.
The home depot project loan is an 84 month line of credit that can be opened to fund projects. Home depot project loan review july 2020. 7 42 12 86 16 24 or 19 96. 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.
There s no down payment and you ll get a fixed apr of 7 99 for 90 months. This card isn t for earning rewards or getting benefits. 17 99 21 99 25 99 or 26 99. The downsides of a home depot project loan are apparent.
With the project loan offering a fixed interest rate and a credit line between 1 000 and 55 000 it may be a good alternative to the home depot consumer credit card. This card isn t for earning rewards or getting benefits. Home depot project loan review read more. A home depot project loan provides customers with a line of credit up to a 55 000 maximum for financing a home improvement project.
You can borrow up to 55 000. Six months on most purchases up to 24 years during promotions. For their largest loan of 55 000 if you take the entire 84 months to pay it off you ll be paying nearly 17 000 in interest.