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Updated almost 12 years ago on . Most recent reply

Evan Crawford's profile image
Evan Crawford's profile image
Evan Crawford
  • from Birmingham, Alabama
  • Member since Nov 11, 2012
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12
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Evan Crawford's profile image
Evan Crawford's profile image
Evan Crawford
  • from Birmingham, Alabama
  • Member since Nov 11, 2012
Connect
Evan Crawford
  • Birmingham, AL
3
Votes |
12
Posts
Rehabbing & House Flipping

Home Depot Project Loans

Evan Crawford
  • Birmingham, AL
Posted

Looking for some alternative ways to pay for materials and came across Home Depot's project loans. It looks like interest only payments for first 6 months then monthly payments at about 8%. Just seeing if anyone has ever used this type of loan and what you thought of it.

Details on it are: up to $40,000 credit line.

Claims payoff anytime

Fixed APR of 7.99% - Amortized for 84 months after first 6 months of interest only payments

Thanks for any feedback

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