Ashley Furniture HomeStore Credit Card (2024)

FAQs

How hard is it to get approved for credit at Ashley Furniture? ›

For the Ashley Furniture HomeStore Credit Card you need a credit score of at least 640 (fair credit). While having an adequate credit score is important, that alone won't guarantee your approval. The issuer will also look at your income in relationship to your existing debt when considering you for a new account.

What credit score do you need for furniture financing? There's no specific score required for furniture financing. Both a 0% APR credit card and a personal loan, for instance, may require a good to excellent credit score, of 670 or above. Financing through the store may be available if your credit score is fair.

If you're applying with Synchrony, the minimum credit score is 640–699.

I got approved for an Ashley Card a few months ago. The rep. told me that my Experian score (highest score at the time) would be pulled, but they actually pulled Transunion. My lowest score has always been Transunion & it was around a 670 at that time.

One of the best furniture credit card for bad credit is the Bank of America® Customized Cash Rewards Secured Credit Card because it offers 3% cash back in a category of your choice, and the options include home improvement & furnishings. The Bank of America Custom Cash Secured Card also has a $0 annual fee.

Yes, Synchrony Bank does a hard inquiry on your credit report whenever you apply for one of its credit cards. A hard inquiry usually results in a slight decrease in an applicant's credit score, but the effect only lasts for a short period of time.

Generally, a credit score of at least 600 is required to be considered for a Synchrony credit card or store card. However, certain cards may require a higher credit score, typically around 660 or higher.

A: In some cases, lenders want a potential borrower to have a credit score of at least 671 or higher, according to Bankrate. Any credit score under 670 is considered fair, and below 580 is poor, but each payment solution provider can determine their terms of approval.

Even if you don't have stellar credit, furniture financing is likely within reach. Furniture financing is taking on debt in order to buy the furniture now and pay later.

It depends on the credit card you are interested in. Most credit cards offered by Synchrony Bank are designed for people with fair (640 – 699), good (700 – 749) or excellent (750 – 850) credit.

How to get approved with Synchrony? ›

Synchrony Bank also pre-screens customers by using data compiled from three major credit bureaus: TransUnion, Equifax, and Experian. Plus, it mails prepaid offers to consumers who have at least fair credit (a credit score between 640-699). To receive a credit card after being pre-approved, you still need to apply.

Synchrony-branded credit cards

The Synchrony Plus World Mastercard, which is designed for those with at least good credit (scores of 690 or higher) and earns 1% cash back on every purchase.

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Ashley has partnered with Acima to offer a flexible, lease-to-own solution to help you take home the products you need.

Down payment, tax and delivery may be required on in-store purchases. Can be combined with online discount offers on qualifying purchases. If approved for the Ashley Advantage™ Credit Card, you'll be able to select a payment option that suits you. Apply Now.

Even if you don't have stellar credit, furniture financing is likely within reach. Furniture financing is taking on debt in order to buy the furniture now and pay later.

While Synchrony does not have a “Shopping Cart Trick” like Comenity Bank credit cards to make approvals much easier, they are still considered a bank that is more likely to approve applicants. To give yourself the best chance of approval, make sure you take care of your credit score.

Financing furniture can help or hurt your credit in a couple ways. It can hurt your credit because securing financing often requires a “hard pull” on your credit report. This is when a lender requests to see your credit history as part of the loan application process.