| If you're looking at making home renovations or | | | | buying all your materials and even labor from one |
| considering a large-scale home improvement project, | | | | store. Instead of visiting a dozen stores to find a |
| you know how expensive it can be so. Construction | | | | kitchen faucet you can go to one store and buy a |
| supplies, hiring a qualified contractor and paying the | | | | faucet, a sink, a refrigerator, all the cabinets and even |
| various fees for permits can quickly add up. | | | | hire and schedule the installers all at one time. You |
| You could borrow money from a bank to help pay for | | | | don't need a big hardware store credit card to |
| all the work, but banks always expect you to pay | | | | necessarily do this, but things do seem to go much |
| back not only the loan, but also the interest. A $10,000 | | | | smoother this way. |
| bathroom remodel may actually end up costing you | | | | Why do home improvement stores offer these cards |
| $15,000 by the time you've paid back all the interest. | | | | with such great rates? Normal banks make their |
| Instead of going for a bank loan, why not look into | | | | money by giving you a loan and charging you interest. |
| some of those credit cards offered by the larger | | | | These home improvement stores don't have to make |
| home improvement store chains? As long as you | | | | money on interest because they will make a profit on |
| have decent credit and a plan to pay them back, it's | | | | you buying items from their store for retail price. These |
| usually an option worth considering. | | | | hardware stores are essentially giving you a |
| Those credit cards have several distinct advantages: | | | | no-interest loan for a short period of time so that you |
| Zero Interest for a Limited Time: Many of those | | | | can buy more of their items! |
| hardware store credit cards give you a period of 6 to | | | | These hardware credit cards can end up being a |
| 12 months with no interest charges as long as you use | | | | win-win for both the customer and the store. The |
| the credit card in their store. A year without interest | | | | store sells more inventory and makes more profit |
| accruing could save you thousands of dollars in | | | | while the customer is able to "borrow" more money to |
| payments depending on the size of your project! | | | | make home improvements without having to pay any |
| In-Store Discounts: When you initially use hardware | | | | interest for a limited time! |
| store credit cards you will often get a small discount | | | | A limited time of no interest payments, possible |
| as well. You might save 5% - 10% on the total cost of | | | | discounts and the ease of ordering everything in one |
| the project, which could be a pretty good chunk of | | | | store makes those large home improvement store |
| change at the end of the day. | | | | credit cards a pretty good idea in many cases! |
| All-In-One-Solution: There is something to be said for | | | | |