What Credit Score Do You Need to Get a Furniture Row Card?
If you’re in the market for new furniture and considering getting a Furniture Row credit card, you may be wondering what credit score you need to be approved. Furniture Row is a popular furniture retailer that offers its own store credit card to help customers finance their purchases and make it more affordable. While the specific credit score requirement may vary, there are some general guidelines to keep in mind.
Credit Score Requirements for Furniture Row Card
Furniture Row, like many other retailers, partners with a financial institution to issue their store credit card. In this case, the Furniture Row credit card is issued by Synchrony Bank. Synchrony Bank is known for providing credit cards to a wide range of consumers, including those with less than perfect credit.
Typically, you’ll need a fair to good credit score to have a good chance of being approved for a Furniture Row card. This generally means a credit score of 650 or higher. However, it’s important to note that credit score is not the only factor considered during the application process. Other factors such as your income, employment history, and existing debt may also be taken into account.
Building Credit to Qualify
If your credit score falls below the recommended range, there are steps you can take to improve it before applying for a Furniture Row card. Start by obtaining a copy of your credit report and reviewing it for any errors or discrepancies. If you find any, make sure to dispute them and have them corrected.
Next, focus on paying your bills on time and reducing your existing debt. Timely payments and a low debt-to-income ratio can have a positive impact on your credit score. If you have limited credit history, consider applying for a secured credit card or becoming an authorized user on someone else’s credit card to start building credit.
Q: Can I apply for a Furniture Row card with a bad credit score?
A: While it may be possible to get approved with a lower credit score, your chances are significantly higher if you have at least a fair credit score of 650 or above.
Q: What are the benefits of having a Furniture Row card?
A: The Furniture Row card offers special financing options, promotional offers, and access to exclusive sales and discounts. It can help make your furniture purchases more affordable and provide flexibility in payments.
Q: How can I apply for a Furniture Row card?
A: You can apply for a Furniture Row card online or in-store. Visit the Furniture Row website or ask a sales associate at your local store for more information.
Q: Is there an annual fee for the Furniture Row card?
A: No, there is no annual fee for the Furniture Row card. However, it’s important to review the terms and conditions before applying to understand any potential fees or charges.
Q: How long does it take to receive a decision on my application?
A: The decision on your application is typically provided within a few minutes. In some cases, it may take longer if additional verification is required.
Q: Can I use my Furniture Row card at other retailers?
A: No, the Furniture Row card can only be used at Furniture Row and its affiliated stores, such as Sofa Mart, Oak Express, and Bedroom Expressions.
In conclusion, having a credit score of 650 or above will give you a good chance of being approved for a Furniture Row card. However, keep in mind that other factors such as income and debt are also considered during the application process. If your credit score falls short, take steps to improve it before applying. The Furniture Row card offers benefits such as special financing options and exclusive discounts, making it a convenient option for financing your furniture purchases.