Wells Fargo Financial? is this a CFL?

[salek10]

I needed to refurnish my house so I went over to a furniture store and well I was told about a promotions thru Wells Fargo Financial where I would get 25 months of no interest on my purchases. I applied and I got approved for $3,400 and the sales rep said I would also get a credit card along with the loan... my question is: Is this TL an actual credit card or is it a CFL? and how will it affect my credit?? 

Thanks!

[RobertEG]

When you say you were approved for $3,400, do you mean they provided you that amount as a loan, or they gave you a revolving account with that as its credit limit?

[salek10]

Well the sales rep made it sound like it was a revolving account.. in fact I only needed $2600 for my purchase but he said that I was approved for $3400... I really hope it is a revolving card

[RobertEG]

It granted a pre-approved limit against which you have the discretion how much to use, as opposed to providing you a specific chunk of change with set terms for its repayment.  It is a conventional revolving line of credit.

It is thus not a loan, period.