Tampa, FL — Aug 13, 2015 — Dave Fulk, president of National Credit Federation, published a new blog post entitled “Tempted By a Store Credit Card? Read This First.” In the post, he discusses the dangers of store credit cards, which in addition to charging high interest rates with no grace period, can actually harm credit scores by reducing the average lifespan of credit lines and making unnecessary queries into credit history.

Fulk says, “Every time you open up a new credit card, you add complexity to your life and make your finances more vulnerable to fraud. By sticking with a single credit card—one with a decent APR and rewards of its own—you make it safer and easier to manage your finances and pay your bills on time. Rather than a store credit card, ask about a loyalty card—many companies offer discounts and rewards for purchases without any financial involvement on your part.”

Dave Fulk, NACSO, CCRA, is the president of National Credit Federation and a national speaker on finance and credit. He has over 10 years of experience in the financial industry, specializing in finance, mortgages, and credit.

Read the whole article here. http://www.nationalcreditfederation.com/tempted-by-a-store-credit-card-read-this-first/

About National Credit Federation:

National Credit Federation helps people accomplish their financial goals through credit repair, debt settlement, student loan consolidation, and business funding. The NCF mission is to help members who are currently in or have successfully come through a financial crisis improve their creditworthiness, allowing them to achieve their credit objectives, including home ownership. This mission is accomplished by providing members with access to resources not normally available to “non-credit worthy” consumers, such as financing, banking, credit lines, professional legal assistance, tax advice, personal financial coaching, and personal financial education. One of the oldest and most trusted companies in the nation, NCF has been featured in Forbes magazine, USA Today Yahoo Finance and 27 other major news outlets. They have an A rating with the BBB and have over 600+ testimonials from previous clients they have helped.

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