LITTLE ROCK, Ark. (KTHV) -- The crunch on credit cards is easing and now may be the time for you to start thinking about getting a credit card.
Joining us on "THV 11 News This Morning" with things to consider when applying for a card is Dr. Jane Wayland, Dean of the UALR School of Business.
New legislation has passed allowing for retailers to charge a checkout fee up to 4 percent. Right now, retailers are unlikely to charge this.
Credit is easing now, and it may be a good time to apply for a card.
If yes, there are some things you need to consider:
Rewards should match your shopping habits Interest rates and fees should be reasonable Terms should be easy to understand
Other things to keep in mind should you decide to get a credit card.
Pay off your balances
Understand all the rewards on your card and use them Read the fine print and understand all the costs of the card
A site that rates credit cards: