Regular Contributor
Posts: 123
Registered: ‎07-22-2012
Re: Why do people use store cards?

Razeus wrote:

I see people here always touting Walmart, Home Depot, Macy's, JCP, etc.


Why would you use a store card over just a Visa, MC, Discover or AMEX?  Do they give a discount with each purchase?  Coupons?

Because they can't get the credit cards from the prime-lenders. Or because they tend to shop there often and picking up one of those cards would help them save more money than if they just paid with cash.

Jun 2012 FICO® ~ 734 EQ
Sep 2012 FICO® ~ 684 EQ; 734 TU
Oct 2012 FICO® ~ TBA

Goal for 2014 ~760+

Trying to stay in the garden...but also trying to get as many apps as possible for now Smiley Wink