That new store card could torpedo your credit score

Getting a deal during the holidays is a great American tradition. So when a sales clerk cheerfully asks, “Would you like to save 20 percent on your purchases today by opening a card with us?” it fits right in.
But the reality sounds a lot less cheery: “Would you be interested in a low-limit card that could damage your credit standing?”
Credit expert John Ulzheimer warns that opening a new store card could hurt your credit score by:
— Having an outsize impact on your