roslyn wrote:What about a credit score of around 700. How will that fare when applying for a department store card from say, JCP or Kohls?
you will absolutely have no problem getting any store card. when you use a credit card all over you figure how much money can you put on a card in 1 month, which includes any kind of store, restaurant, hotel, movie, gas stations, ordering online - you can have a bill easily over a few thousands with all those places. but when you have a store card like you could have a bill of 500.
but with scores of 700 they will know that you can pay your bills or your score wouldn't be that.
they know you can't use these cards all over, just at the store, ordering online or if they have outlets. store cards are less risky even though they have higher interest rates than major cards so with a 700 credit score there is no problem getting a store card.