i cant get credit cards so my next option is to go for loads of store cards which is best?
2007-02-08 20:16:50 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
Their all usually high interest rates so just get ones to stores where you shop.
2007-02-08 20:18:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It's true; best to use ones where you shop the most. Alas, a lot of dept. stores have up to 29 percent.
I live where there is a Lowes and a Belk Dept. Store.
I like their cards bec. w/Lowes, I'm a homeowner, they have so many promos for over 299.00, you have 12 months to pay. So this takes the sting out of it, esp. if you keep up payments monthly; also, they don't penalize you if you don't pay monthly: Sears will.
Then with Belk: they have a 30-60-90 program ( program 2) so your payment is divided into 3 payments. I like it a lot; and it is a good store.
Then, WalMart has a 9 percent offering. I'm sure anyone qualifies; my credit isn't wonderful. And, I have it. If you shop there a lot, that is really cheap interest.
Don't get too many tho'; it's too tempting. And, you can wind up w/high balances.
2007-02-09 04:38:44 · answer #2 · answered by DC 3 · 0⤊ 0⤋
Store cards are seldom a good idea unless it's a place where you already shop and you get some tangible benefit from using it.
If you can't get a credit card, getting "loads" of store cards is NOT going to improve your credit situation.
2007-02-09 07:22:30 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
if you don't get credit cards why you ask for a store card?
if you can't pay your stuff don't buy it!
or pay cash!
2007-02-09 09:44:14 · answer #4 · answered by Stefan D K 3 · 0⤊ 0⤋
you go away
2007-02-09 04:40:52 · answer #5 · answered by robsgirl 2 · 0⤊ 0⤋