The accessibility of retail-branded credit score choices typically hinges on the applicant’s creditworthiness. A benchmark reflecting this creditworthiness dictates whether or not a person qualifies for a selected monetary product from a serious retailer. For instance, credit score historical past and scores decide eligibility for a card affiliated with a big retail company.
Reaching approval for such a card can provide advantages akin to rewards applications, buy financing choices, and alternatives to construct or rebuild credit score. Traditionally, retailers have used these playing cards to encourage buyer loyalty and improve gross sales. The provision of those playing cards offers a pathway to credit score entry for a phase of the inhabitants who might discover it difficult to acquire credit score via conventional banking channels.