Image by Patricksmercy via Flickr
There are plenty of do’s and dont’s as a shopper. From the kind of clothing labels you should be interested in to the kind of places that you should shop for the best in bargain prices and discount, there is a ton to remember, but one of the bigger rules that you should remember is about the use of department store cards. They should be avoided at all costs.
As a shopper you will be offered in-store credit cards. These are different than member cards or basic reward cards. The in-store credit cards require a credit check and what you do with them will directly affect your credit score. These cards, although they seem like a great way for you to get your Dereon clothing, are not the smartest move you can make.
If you already have a credit card then there is no reason at all for you to even consider doing your shopping with a department store card. The hook to these popular cards is they offer you an initial discount to try the card. The discount is enticing but the price you pay on your credit report is not worth it. The more active credit you have the worse it looks to potential lenders for houses or cars. You want to look responsible with your credit. Taking out credit you do not need or cannot necessarily afford is not your best option.
Shopping is fun as long as you steer clear of the store credit. There is just no reason for you to use it.