What Credit Bureau Does Home Depot Use In 2022? (Guide)

American Express Company

Headquarters at the American Express Tower
Type	Public
Traded as	NYSE : AXP DJIA component S&P 100 component S&P 500 component
Industry	Banking Financial services
Predecessor	Livingston, Fargo & Company Wells, Butterfield & Company Wells & Company
Founded	March 18, 1850 ; 171 years ago ( 1850-03-18 ) , in Buffalo, New York , U.S.
Headquarters	200 Vesey Street Manhattan , New York City , NY 10285 United States
Area served	Worldwide
Key people	Stephen J. Squeri ( Chairman & CEO ) Jeffrey C. Campbell ( Executive VP & CFO )
Products	Charge cards Credit cards Traveler’s cheques Corporate banking
Services	Finance Insurance Travel
Revenue	US$ 43.66 billion (2021) [1]
Operating income	US$4.3 billion (2020) [2]
Net income	US$8.06 billion (2021) [1]
Total assets	US$188.55 billion (2021) [1]
Total equity	US$22.18 billion (2021) [1]
Owner	Berkshire Hathaway (18%)
Number of employees	63,700 (December 2020) [2]
Website	americanexpress.com
Footnotes / references [3] [4] [5]

Home Depot’s customers can apply for store credit cards that offer a wide range of discounts and special prices in addition to low prices.

You might wonder: What credit bureau uses Home Depot? I did some research into the subject and here is everything I discovered!

Home Depot’s 2022 Credit Bureau Uses

Home Depot uses the Equifax and Experian credit bureaus in America to check customer eligibility for a store card. Home Depot will select one credit union to conduct a credit check upon customer application. Customers need to have at least 640 credit points.

For more information about Home Depot’s credit bureaus, how to check your credit for Home Depot store credit, eligibility requirements, and more, read on!

Home Depot provides a Store Credit Card

Home Depot has a store-credit card available that customers can apply to.

By filling out the application either through the credit card services portal at HomeDepot.com, or in-store at your local Home Depot. The following company credit cards are currently available:

Home Depot Consumer Credit Card

The Project Loan Card

The Commercial Revolving Charge Card

The Commercial Account Card

In order to qualify, applicants will need to provide Social Security numbers, contact information, as well as other personal details.

Home Depot uses which credit bureaus for its store credit card

Home Depot’s automated credit system will process your credit card application, and pass on your financial data to one of the major credit bureaus.

Home Depot will randomly select one of Equifax, Experian or TransUnion to conduct a credit check.

Home Depot states that it’s impossible to tell which credit bureau Home Depot will forward the information to in order to complete the credit check.

Citigroup also issues the Home Depot credit card, which is issued by Citigroup. Citigroup relies on Equifax and Experian for quality control.

Home Depot Will Do A Hard Credit Verification?

Home Depot checks all credit applications.

Home Depot must assess the financial eligibility of every applicant to a store credit card.

For a credit bureau, this means that you must submit your social security information and personal details to determine your current status.

Home Depot informs customers that this credit card is not available for prequalification. They must submit a hard credit report.

Do You Need The Home Depot Credit Card to Get It?

While the Home Depot credit card is not necessarily difficult to obtain, given that you have the appropriate information and an adequate credit score, it can affect your credit negatively.

The hard credit checks that are required in order to establish your eligibility for the store credit card may cause credit scores to fall by as much as 5 to 10 points if you fail to pass.

Home Depot cards have serious credit conditions. Customers who are interested in this card should feel confident about their ability to qualify before they apply.

To prevent rejection, applicants must ensure that their credit is clear of any blocking or freezing.

The Home Depot Store Credit card offers many benefits.

Home Depot offers a base credit card with an initial interest rate of 0% and a scaled annual APR rate based on usage. Additional benefits depend on how you use the card.

A credit card can be obtained by customers for specific purposes, such as project loans. Cards can be used to finance projects, and are similar in nature to credit cards with a cap on the amount they have available.

Home Depot may be able to help you learn about how you can shop there.

Conclusion

Home Depot utilizes one of the three most important credit bureaus for determining eligibility of store credit card applicants.

Home Depot randomly chooses applicants financial information from Equifax, Experian and TransUnion.

The applicants are also unable to know which credit bureau will be chosen by the system for determining eligibility.

What Bureau Does Home Depot Use?

Home Depot primarily uses Equifax, Experian and TransUnion credit bureaus to verify customer eligibility for store credit cards. Home Depot will select the credit union that passes credit checks for customers who apply.

Home Depot uses which credit reporting company?

Home Depot relies on the America’s largest credit reporting agencies, Equifax/Experian, as well as TransUnion, in order to verify the eligibility and provide a credit card. Dec 15, 2021

Home Depot Will Do A Hard Credit Verification?

The Home Depot Credit Card requires a credit check. It will require a credit score at least 640 in order to obtain it. This is similar to what store cards need. There is no way to pre-qualify for the Home Depot Credit Card. Apr 25, 2020

Home Depot Does Home Depot Report to All 3 Credit Bureaus

Home Depot(r) Credit Card sends credit bureaus monthly reports within days of cardholders’ monthly billing periods. Home Depot(r) Credit Card reports to each of three credit bureaus, TransUnion (Equifax), and Experian, the card’s credit limit as well as account balance and payment history.

.What Credit Bureau Does Home Depot Use In 2022? (Guide)