The Home Depot Project Loan


For People with
Fair Credit

REVIEWS

Reviews

The Home Depot Project Loan is an 84-month line of credit that can be opened to fund projects.

You’ll get a credit line of up to $55,000, and a 6-month buying window to get products before the 84 months start.

There’s no down payment and you’ll get a fixed APR of 7.99% for 90 months.

Home Depot also offers The Home Depot Consumer Credit Card (Review) for consumers, and The Home Depot Commercial Account and The Home Depot Commercial Revolving Charge Card for contractors.

 

Card Quick Facts

Card Quick Facts

  • Fixed 7.99% APR
  • Credit lines up to $55,000
  • 84 months to pay off loans
  • 6-month buying window to make all of your project purchases
  • No annual fee

For People with
Fair Credit

REVIEWS

Reviews

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Card Details

Rewards

Rewards

This card does not offer rewards.
Card Stats

Card Stats

Annual Fee $0
Additional Cards Annual Fee -
Regular Purchase APR 7.99% Fixed
Intro Purchase APR -
Foreign Transaction Fee -
Chip Technology Chip-and-Signature
Minimum Credit Limit -
Maximum Credit Limit $55,000
Free Credit Score No
Penalty APR None
Late Fee -
Returned Payment Fee -
Balance Transfers

Balance Transfers

Intro Balance Transfer APR -
Regular Balance Transfer APR -
Balance Transfer Fee -
Cash Advances

Cash Advances

Cash Advance APR -
Cash Advance Fee -

Card Benefits

Check your card’s Guide to Benefits to learn the specific benefits your card offers and how to access them.

  • 6-Month Buying Window

    You’ll get a 6-month buying window before the 84 months starts in order to purchase products and start projects.

  • 84-Month Credit Line

    You’ll get 84 months to pay off your loan.

Visitor Reviews

Read about experiences others have had with this card and leave your own review here.

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Average rating:  
 13 reviews
by Brittany
Allowed fraud

I took out this card to do some projects around the house and had planned on using most of what I was approved for. However shortly in to doing some of those projects my card was compromised and a purchase was made for 432.00 at a self check out at home depot in Missouri. I live in Ohio and have never been there. I called to dispute the charges and was basically told sorry about your luck, they wanted to get hung up on a 432 dollar charge, when I had already spent close to 3,000 and was about to spend more. Needless to say They lost a lot more money then they gained by allowing someone to fraudulently use my card and refused to make a wrong right.

by Jaime
Terrible experience

Shortly after being approved for a HD project loan, we received an email saying that we were able to being using the credit card number. When we tried to use it online, we were told that we needed to receive the actual card. A week later when we received it in the mail, we tried to use it online again and it didn't work. I phoned GreenSky and was told that we needed to physically go into the store to activate the account. We went into the store and were told that it had been activated so we went home and tried to use it again and it was declined. When I phoned I was told that there was a "hold" on our account for no apparent reason and we would need to go back into the store to activate it. If we didn't need the card for a project, I would cancel it.

by ayanna0311
HORRIBLE

I got a fence bid thru HD, and was told to apply for the Project Loan. I have a great credit rating of over 700 and was instantly denied for 10K request. Completely ridiculous and waste of inquiry on my credit. I will be going thru an outside company at this point !!! DONT waste your time applying for a project loan !!

by Mario
The worst

I have tried to pay them over 7 times an they keep telling me my information is wrong... i ask them to take payment through a credit card so i don't get a late payment and they tell me no. Then they call me saying they are trying to collect a debt so i offer to pay them with a credit carddebit an they say they can not accept that.. what a joke this company is. now they get no money from me thanks for the 15K !

by Anthony Giustina
This Card Sucks

I just got the card, activated it and it is declined already. I never put one charge on it. I called the number on the back and they keep telling me it should NOT be declined. I tried it again and it was declined again. I did this about 5 times, called the phone number on the card, everything is good, then try to use it, DECLINE. Also, when I call the number on the back, they say, that they don't even see the attempt or it being declined. I don't recommend the card, it is extremely frustrating to activate and immediately gets declined for no reason. WASTE OF TIME!!!!!!!!!

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