Should I get an emergency credit card? What are some pros and cons?

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Jana Jacobs

• April 21, 2020 04:29

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  Mark Aspillera

  • April 21, 2020 04:38

  One thing to consider is how confident you are in your ability pay the card down in the short term. If you think you might need extra time I'd try to go for a low interest card if at all possible.

  Another thing to keep in mind is the lenders will do a hard inquiry on your credit report when you apply for the card, which could hurt your credit score if you don't get approved. Make sure to do some research on your approval odds before choosing which card to apply for to avoid that risk.

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