What to know about store credit cards and their interest rates

[@donaldhughes6146]

Pay the balance in full and you won’t have to care about what the interest rate is.

[@Naomi-z9i7o]

No matter what they offer I never accept it. One Sales person said to me you don’t want to save another $100.00 with our card. I told her “NO”. In fact my Husband says no before they can finish. People need to wise up. Pay Cash for everyday things. You won’t die without Starbucks or another pair of shoes. I use a CC to furnish a room to avoid walking around with a large amount of cash. Even then I never put more on the CC than what I can pay off when the Bill arrives.

[@darlinnikki9514]

The key is don't use credit cards for purchases. These stores are not in the business of selling, they are in the credit business.

[@maniesh]

You still have to pay various hidden fees even if you pay back the balance on time

[@stoundingresults]

Predatory lending, just explain that.