incentives/Payment plans at places like Home Depot/Lowe’s
september2004
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incentives/Payment plans at places like Home Depot/Lowe’s
Post closing we are going to be low on cash but will need some items around the house. Do Home Depot and Lowe’s offer any type of 0% interest payment plan type options for larger purchases?
Anyone have experience with these and/or have any info?
sophie78
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Re: incentives/Payment plans at places like Home Depot/Lowe’s
I am pretty sure that they do, however we did not use them. I think it is one year free at home depot.
VickiC
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Re: incentives/Payment plans at places like Home Depot/Lowe’s
I know HD does 0% interest for a year, but I think you have to charge more than $300 or $500. I would be surprised if Loews didn't do the same thing.
chris605
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Re: incentives/Payment plans at places like Home Depot/Lowe’s
We too were wondering that same question but Chase offered us 0% on purchases and bal transfers till 8/2006 - Cant beat that....
nyk825
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Re: incentives/Payment plans at places like Home Depot/Lowe’s
Everyday Home Depot offers interest free for six months of. purchases over $299. And I believe Lowes does the same thing Many times, they have promotions of interest free for 1 year with purchases over $299, usually specializing a specific department, say kitchens or flooring. But it is very constant so I would just ask when their next promo is.
But be careful. If you don't pay it off in the interest free terms they charge you back interest. So if you have interest free for six months and your in your seventh month, they will charge you interest for all the past seven months. So many times, people put off paying thinking they have time and then the big back interest hits.
september2004
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Re: incentives/Payment plans at places like Home Depot/Lowe’s
Posted by chris605
We too were wondering that same question but Chase offered us 0% on purchases and bal transfers till 8/2006 - Cant beat that....
DH found the same thing and suggested we look into this...
september2004
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Re: incentives/Payment plans at places like Home Depot/Lowe’s
Posted by nyk825 But be careful. If you don't pay it off in the interest free terms they charge you back interest. So if you have interest free for six months and your in your seventh month, they will charge you interest for all the past seven months. So many times, people put off paying thinking they have time and then the big back interest hits.
