From How to Get Out of Debt

Store cards in good times are a good source of profit with their exceptionally high interest rates but in down times they can be an anchor around profits. Not only are store cards generally easier to acquire by people with lesser credit but they are often the first to go unpaid when there isn’t enough [...]

Read the full article at GetOutOfDebt.org, click here: More Bad News For Nordstrom and Target Credit Cards