Using Department Store Credit Cards

One of the most common things you probably hear when you shop at a department store is this “Would you like to save 10% today?” And, of course, if you sign up for a store credit card , you get that promised discount. When you are spending a great deal of money, it is understandable that saving 10% might be desirable. However, in many cases, getting a department store credit card is asking for trouble. Here are some of downsides to getting a department store credit card:

High interest rate : You will probably have to pay a higher rate of …read more