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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Important infomation about Sears Date:  8/24/2001  3:17 AM
Author:  whipped Number:  88199 of 312949

Hello. Could you Fools educate me on what would happen to my Sears account if they went bankrupt? Is it necessarily a bad thing? When Montgomery Wards poofed my balance was just transferred to WalMart (which I have since paid off). If credit terms/rates change for the worse, my worst case scenarion is that I'd BT to another account. Is there some additional hazard or effect on my credit you can point out to me if poor unresponsive Sears goes under? Any info would be appreciated.
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