A FICO® Score of at least 600 is recommended to apply for The Home Depot Consumer Credit Card , and a score of 640 or higher gives you better approval odds. Applicants who get this card usually have scores in the fair credit or good credit range.
How high does your credit score need to be to get a Home Depot credit card?
A credit score of 640 or higher is needed for a Home Depot® Credit Card; this means that you need to have a fair credit score to get it.
What credit report does Home Depot use?
The common credit bureau used by Home Depot is Equifax, Experian, and TransUnion These bureaus check the eligibility of customers to avail of store credit.
Does applying for Home Depot card affect credit score?
It’s a quick, “soft” credit check that won’t impact your credit score.
Is 640 a good credit score?
Your score falls within the range of scores, from 580 to 669, considered Fair. A 640 FICO ® Score is below the average credit score Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications.
What credit score is needed for a Lowes card?
The Lowe’s store card credit score requirement is 640 or better That means people with at least fair credit have a shot at getting approved for this card.
What credit score do you need for Walmart credit card?
Here’s what you need to know about the Walmart Credit Card credit score: Both the Walmart Credit Card and the Walmart® Store Card require fair credit for approval. That means a score of 640+ The Walmart Credit Card can be used anywhere Mastercard is accepted.
What score do you need for a Best Buy credit card?
So, what credit score do you need for a Best Buy credit card? In general, you’ll need a good credit score to be approved for the top Visa card (generally 700-749). Otherwise, you’ll likely need a fair credit score (generally 660-699 ) to qualify for the standard Best Buy version.
What credit bureau does citibank use?
The FICO ® Score Citi provides is based on information from your Equifax credit report based on the “as of” date included with your score. This may differ from scores you obtain elsewhere that may have been calculated at a different time using information from a different credit bureau or even a different score model.
Does Lowes do a hard credit check?
Yes, the Lowe’s Store Card does a hard pull when you apply for it And a hard pull could temporarily affect your credit score, as you might already know. You’ll need at least fair credit to be approved, and luckily you can check if you pre-qualify without hurting your credit.
Does Home Depot report to all 3 credit bureaus?
The Home Depot® Credit Card reports to the credit bureaus monthly, within days after the end of a cardholder’s monthly billing period. Home Depot® Credit Card reports the card’s credit limit, account balance, payment history, and more to all three of the major credit bureaus: TransUnion, Equifax, and Experian.
What collection agency does Home Depot use?
Who Is Alpha Recovery Corporation ? Alpha Recovery Corporation is based in Colorado and operates nationwide as a third-party debt collection agency. It specializes in the collection of retail credit cards (think Sears and Home Depot), student loans, auto deficiencies after repossessions and some installment loans.
Sources
https://www.crediful.com/home-depot-credit-card-credit-score/
https://wallethub.com/answers/cc/home-depot-credit-card-credit-score-2140671245/
https://www.gobankingrates.com/credit-cards/retail/how-home-depot-credit-card-application-approved/
