Why you should never open a store credit card during the holidays

Store credit card promotions are common in the holiday season as shoppers pick out their Christmas gifts. Retailers like Macy's, Target and Lowe's and will offer up to 20 percent discounts if you apply for a store credit card on the spot. As the Christmas bills rack up saving $100 can seem like an enticing offer but there are factors to consider before signing on the dotted line. Store credit cards are likely to not be the best deal out there and can even damage your credit score, according to The Points Guy blog.
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Why you should never open a store credit card during the holidays