If you are an individual who is looking to establish their credit profile, you are going to want to find a few key features in whatever card it is that you apply for. First of all you want to ensure that the card is reporting your credit activity to the major credit bureaus. The Lumber Liquidators card is associated with Synchrony Bank so fortunately, this card does report activity. Secondly, you want to ensure that whatever card it is you apply for, it won’t cause you to earn an unpayable debt. The Lumber Liquidators card has a very high APR and is limited to one chain of stores. If I were you, I would skip this card and instead look for a more general card, and use that card responsibly.
CREDIT CARDS FOR BAD CREDIT:
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
Earn 1% cash back on gas and grocery purchases. Terms apply.
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit