One of your many home improvement financing options is to use a credit card given out by the large Lowe’s home and garden store chain. Using a credit card for a home improvement loan is actually like using an unsecured loan for your home improvement financing. Lowes actually has several different credit cards to choose from so you have some options as to how your want to finance your home improvement.

Lowe’s has a Consumer Credit Card, a Business Credit Card and now a new Project Credit Card to meet just about anyone’s home improvement financing needs. Here’s quick breakdown of each card:

Home Improvement Financing through the Consumer Credit Card: Has such features as low monthly payments, exclusive home improvement financing offers from time to time, no annual fee and a sophisticated online account system which allows you to view your account, make changes to your profile and even download your purchases into Quick, MS Money or Microsoft Excel. It has a relatively high rate of interest for a home improvement loan, but because it has a higher interest rate is it probably one of the easier forms of home improvement financing to get if you have questionable or bad credit. This is credit card is designed for the person who has a lot of little home projects and needs some help with home improvement financing from time to time due to credit problems or short credit history.

Home Improvement Financing with the Project Credit Card: Designed more for larger home projects that need financing, this card offers a six month period to pay off your purchases before interest begins accruing, lower interest rates and no annual fees. It also offer the same online account features as the Consumer Card. This is ideal for people with good credit who are looking for a flexible loan to cover project costs without going to a bank for a more traditional form of home improvement financing.

Home Improvement Financing with the Business Credit Card: For the professional home improvement contractor or construction manager, this card offers competitive rates, itemize bills for easy tracking, the ability to issue multiple cards and many professional financing services. This credit card is designed for the home improvement contractor who needs a little home improvement financing of his own to buy the supplies and finish construction projects for his clients.

As always, you’ll want to read all the legal information before moving forward with financing your home improvement with credit cards. You’ll be responsible for paying back your home improvement loan, no matter how small or how large the amount. All three credit cards offered by Lowes serve a home improvement or construction loan need and serve as excellent forms of home improvement financing.