Before you sign up for a store credit card, know what you're getting into

When Mykail James was 19 and working a holiday job at Victoria's Secret, she took out a store credit card with a $2,000 credit line. After missing a few, she paid off the card only to find that her credit score had decreased dramatically, affecting her ability to access other types of credit. “I didn’t get an actual bank credit card until I was 21, just because of that fear," said James, who is now a financial expert and creator of The Boujie Budgeter.