2007-01-18 06:28:58 · 5 answers · asked by alphamodel 1 in Business & Finance ➔ Credit
Generally you don't have to have even decent credit for department store cards-- instead, they rely on a *very* high interest rate to recoup any losses. I would avoid ALL store cards like this. The whole "get 20% off today's purchase for signing up" thing is really awful. People think they'll just sign up for the card and then cancel it, but they don't realize that it hurts your credit to close lines of credit like that. You'll end up really, really hurting between the high interest rates and the negative credit effect for closing the card. Buyer beware!
2007-01-18 06:37:20 · answer #1 · answered by Lucid Dreamer 2 · 0⤊ 0⤋
Believe it or not, having bad credit is sometimes better than having no credit at all! But if you are employed and can provide three or six Months bank statements or pay slips and earn enough to pay your monthly bill then that should be sufficient. If you already have good credit and you are not over committed, then you should not have a problem. Good Luck George
2007-01-18 06:42:55 · answer #2 · answered by george 4 · 0⤊ 0⤋
Cash is a better option. If you can't pay for it right away, then you can't afford it.
2007-01-18 06:33:32 · answer #3 · answered by upfromnutin 2 · 0⤊ 0⤋
none, just a drivers license
2007-01-18 06:33:54 · answer #4 · answered by whateverbabe 6 · 0⤊ 0⤋
pretty decent. if you have established credit.you should be fine!!
2007-01-18 06:32:30 · answer #5 · answered by Anonymous · 0⤊ 0⤋