Discover the hidden dangers of store credit cards and learn strategies to avoid high interest and debt while building your credit smartly.
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5 Reasons Store Credit Cards Are a Bad Idea
Store credit cards often entice shoppers with immediate discounts and promotional offers, but they come with significant drawbacks that can lead to financial strain. With interest rates averaging 28.8 ...
Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates, despite moves by the Federal Reserve to lower interest rates in the economy. In a report released ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...
A recent Bank of America study on Gen Z's Financial Health shows that over half of Gen Z (51%) say that the high cost of living is a top barrier holding them back from financial success. As this ...
Store loyalty cards compromise your privacy; the deals you love are down to your data. Even knowing the risks, I still use my store loyalty cards all of the time—but there are a few ways I try to ...
According to a recent study from Visual Capitalist, Gen Z maxes out its credit cards more than any other generation at 15.3% of cards. In this study, maxing out credit cards is considered 90% or ...
Timothy Danikowski was ready to start his adult life. After four years in a small college town and a fifth year back at home thanks to the pandemic, he finally moved to Seattle in 2021. Soon after, ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Credit cards are almost required to function in this ...
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