Keith Adams is based in New York City and writes about credit, finance and other topics. You can read more credit articles on his blog, http://commonsensecredit.blogspot.com
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Store credit cards often carry an unusually high interest rate. In fact, it's not uncommon for store credit cards to come with interest rates as high as 25%. It's ironic, because at that point, the "discount" you get from using the card gets effectively eaten by the higher rate.
