Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.1 exptools 1/6/84; site ihuxl.UUCP
Path: utzoo!watmath!clyde!burl!ulysses!mhuxl!ihnp4!ihuxl!seifert
From: seifert@ihuxl.UUCP (D.A. Seifert)
Newsgroups: net.consumers
Subject: Re: Department Store Credit Cards, and pigs taking VISA
Message-ID: <956@ihuxl.UUCP>
Date: Wed, 7-Mar-84 08:33:45 EST
Article-I.D.: ihuxl.956
Posted: Wed Mar  7 08:33:45 1984
Date-Received: Thu, 8-Mar-84 07:36:04 EST
References: <263@houxb.UUCP>
Organization: AT&T Bell Labs, Naperville, IL
Lines: 16

One reason dept stores want you to use *their* card, is that
if you don't pay up on time *they* collect the interest charges,
rather than VISA/MC/AE.  I've heard that Sears makes more
on credit charges than on the merchandise itself.

As far as pigs taking VISA, doesn't it seem a little obvious
what their racket is?  Highway robbers with all the power of the
US government behind them! Disgusting!


-- 
		_____
	       /_____\	    Have you hugged your beagle today?
	      /_______\			Snoopy
		|___|	
	    ____|___|_____	    ihnp4!ihuxl!seifert