[net.consumers] Department Store Credit Cards, and pigs taking VISA

seifert@ihuxl.UUCP (D.A. Seifert) (03/07/84)

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!


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