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 gives customers the possibility to apply for a store card with a host of benefits, including a discount and sale price.

Perhaps you are wondering what credit bureau Home Depot uses. I did some research into the subject and here is everything I discovered!

Which Credit Bureau Will Home Depot Use in 2022?

Home Depot primarily uses Equifax, Experian and TransUnion credit bureaus to verify customer eligibility for store credit cards. Home Depot’s credit system automatically picks one of the credit unions that passes a credit test. A customer must have a credit score at the minimum of 640.

Home Depot has a store credit card

Home Depot offers customers the option of a credit card for their store.

You can fill out an application online at HomeDepot.com or in-store at the local Home Depot. The following corporate credit cards currently are available:

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 credit card system will random select Equifax or TransUnion for credit checks.

Home Depot claims that there’s no way to find out which credit bureau Home Depot sends the applicants details for the credit verification.

Furthermore, the Home Depot store credit card is issued through Citigroup bank, which also relies on Equifax, Experian, and TransUnion for quality checks.

Home Depot does a hard credit check?

Home Depot checks all credit applications.

Home Depot must determine the eligibility of all store credit card applicants, and so the company does perform a hard credit check.

This involves submitting your personal details and Social Security information for a credit bureau to carry out its determination on your status.

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

Home Depot Needs What Credit Score?

Like most other store credit cards available, such as Lowe’s or Target, the Home Depot credit card does require its applicants to have a satisfactory preliminary credit score to be successful.

For the Home Depot store credit cards, you need to have credit scores of at least 640 points.

Are You able to obtain the Home Depot Credit Card easily?

The Home Depot credit card can be obtained if you are able to provide the necessary information as well as a good credit score. However, this credit card could negatively affect your credit rating.

Completing a hard credit check to determine your eligibility for this store credit card can cause some applicant’s credit scores to subsequently decrease by around 5 to 10 points should it be unsuccessful.

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 avoid being denied, applicants need to ensure that no freezing or blocking of credit has occurred before they apply for this credit card.

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