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Updated over 11 years ago,
Home Depot Project Loans
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