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Store Card versus Credit Card
Store Cards
Do you have a store card? How many do you have? Do you know how much you are spending on each?
Store cards are a great idea if you use them properly, but they can cause huge amounts of personal financial damage if you don't take control.
When you are offered a store card here a few things to bear in mind:
1. Get very clear on what the offer is exactly. Most stores will offer a card with a promotional deal - say 10% off any purchases that day and for the next week. So what exactly is the offer and how long does it last?
2. Sometimes store cards are heavily pushed during a sale. Again, what's the offer - f...
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