The last place on the pay line is where you have to make important financial decisions. Shoppers should take the time to research home store credit card options before heading out to the store.
Credit card offers are complicated documents written by very smart lawyers to protect the company at all times. Every time someone says they didn’t know the creditor could do this or that to them, they are right there in the agreement.
Credit card agreements are very clear about all the bad things that can happen to your card. Creditors put everything in order, but people never stop to read the terms when the offer is presented to them.
So how can people make an informed decision as to whether the store card presented to them is a smart financial move? The simple answer is that they can’t do it while standing by the cash register. It is impossible without weighing the risks by reading the terms and conditions. By its very nature, the offer and acceptance of the store card offer puts you at a distinct disadvantage.
But there are other ways to get store benefits and discounts instead of signing up for the store credit card. So before jumping into the deal, it’s a good idea to get out of the queue and think twice.