Do contractors take credit cards?
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Also, do most contractors take credit cards?
More and more contractors are accepting credit cards, and that's the smartest payment choice for consumers. In 2010, 57 percent of companies answering a similar poll said they accepted credit and debit cards. 20 percent of the companies said they preferred credit card payment.
One may also ask, do contractors take payments? With small projects such as these, payments are usually made upon successful completion of the project. With small jobs like these, down payments are not necessary because the contractor has the ability to “finance” the work and pay for the materials until payment is received.
Hereof, do builders accept credit cards?
Depending on the kinds of changes you're looking to make to your home, you should be able to use your credit card to pay. Most approved builders and contractors will accept a credit card as a method of payment – although they may prefer payment in cash for smaller jobs.
How much should you give a contractor up front?
First and obviously, your contractor shouldn't ask for an unreasonable sum of money up front. Yes, he needs money to get the project started, but asking for more than 15 percent raises a red flag, and most states allow contractors to ask for a maximum of 33 percent of the total cost up front [source: Chicago Tribune].