Beware of Store Branded Credit Cards
Store banded credit cards have been around for many years, even as long as the typical visa or master card credit card. Many big box stores have store branded credit cards like The Home Depot, Lowes, Best Buy, and other big box retailers. This strategy of issuing credit does a few things for the issuing company: It helps increase sales as well as brand image, along with other features. Many big box retailers will run specials such "make no payments for a year" which are geared to increase sales. And this is where people come into trouble...
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