April Cornell is a store that specializes in women’s clothing as well as home decor and linens. This company is based in Canada and the United States. Currently this store does not offer its own store credit card.
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Even though the April Cornell store does not offer a store credit card of their own, there are many stores that do. Before getting a store credit card, it is very important to understand how they work and how they can affect your credit score as a whole. To look into this more in depth visit http://smartmoney.com
The Benefits of a Store Credit Card
There can be many benefits to having a store credit card. Typically, when someone opens an account at the store they are offered an initial discount off their entire purchase. These store credit cards also tend to offer no interest or annual fee when the account is first opened.
The best store credit cards come from stores that offer continuous discounts or a rewards program. Certain stores offer a discount to their cardholders whenever they use it to make a purchase in the store; these discounts are typically 5 to 10 percent. Stores that have a rewards program usually give extra discounts or gift certificates once the cardholder earns a certain amount of rewards points.
The Drawbacks to a Store Credit Card
The most obvious drawback to a store credit card is the high interest rate. It is not uncommon for a store credit card with an interest rate to range between 17 and 24 percent. That is why it is important not to accept credit cards from just any store that offers one.
It is also very easy to spend more than intended with a store credit card. People do not often think about the bill while they are shopping in their favorite store. Even though it can seem a bit like a mini shopping spree with borrowed money it is very important to keep the budget in mind when using a store credit card.
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