03-18-2013 12:56 PM
Hello forum ppl!
I am currently under contract on a home! I am looking into buying around 3k work of appliances and want to take out some type of credit to pay for at least half. I was thinking about a Lowe's card or Sears but I'm kind of concern with the interest that will be charged. I currently only have a capital one card for 400$ (0 balance) and I'm an authorized user on my mom's Walmart's credit card 2500.00 (350.00 balance). Would you guys recomment applying for a store card ??
03-18-2013 01:02 PM
Do not apply for anything if you have not closed yet, it will affect your credit score plus what if something happens and you don't close?
Once you close, then you can go shop, most of these stores have next day delivery so it shouldn't cause a problem.
03-18-2013 01:28 PM
No reason to buy anything until you've closed. Most places can deliver in a day or so. You can apply for a store card, pick out your appliances, and arrange for their delivery in just a couple hours. No reason to do anything far in advance unless you can pay cash and you're not spending money needed to close.
03-18-2013 03:01 PM
I am in the same situation, however I am too worried to touch any of my money and make big purchases right now. I'm too worried they are going to ask for updated bank statements or something and wonder why i'm blowing through all of my money.
03-20-2013 05:06 AM
03-20-2013 08:02 AM
don't buy anything from lowes or home depot without their 10% coupon! You can usually get them on their site for new homebuyers or eBay (the bay of evil). I bought one for $10 and saved me $200 when I built the deck.
Sears...check out their scratch and dent....can save you about 60%.
03-22-2013 11:45 AM
I love Home Depot. I have purchased a ton from them via the Home Depot credit card due to some remodeling. I have had it about 15 months. I called twice for credit limit increases and they are extremely generous in the amount they give.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.