GE store credit cards

Mogul of Pineapples · 02:38 AM

GE has over $32 billion in store credit cards issued through them. The handle major retailers like Wal-Mart, Lowes, J.C. Penney, Dillards, Ikea, Chevron, and many others. GE went from being the bluest of blue chip stocks to almost penny stock status the past few weeks. Some say they are following the path of Citi, despite that they are a diversified company.

The ironic thing is GE saw this coming and tried to sell their store credit card unit last year before the crisis really accelerated but no one was interested. Wow I wonder why no one wanted to buy a sinking ship.

Cucumber · 12:38 AM

I *think* Citi is like the first or second issuer of store cards too. Maybe that's why there stock can now be bought at the 99 Cents Only store

Floppster · 07:30 PM

Quote:

Originally Posted by Cucumber

I *think* Citi is like the first or second issuer of store cards too. Maybe that's why there stock can now be bought at the 99 Cents Only store

Just to get the think part straight .... My favorite:
YouTube - Berlitz commercial

Cucumber · 11:37 PM

LOL why can't we have good commercials like that in this country too!!!

gboogie · 04:39 PM

Yeah HSBC is a much tougher bank but i would rather go with them. Dont know if this will help any of you but i learned a few tricks at gboogie.net for free. business credit love everyone!

Thomas · 09:32 PM

I wouldn't touch anything with GE money with a 10 foot pole. Ive had more than my fair share of bad experiences with them.

02:38 AM	#1
Mogul of Pineapples Centurion Member Join Date: Jun 2008 Location: Where the smog from the 101 freeway coats my home's windows... Posts: 634	GE store credit cards GE has over $32 billion in store credit cards issued through them. The handle major retailers like Wal-Mart, Lowes, J.C. Penney, Dillards, Ikea, Chevron, and many others. GE went from being the bluest of blue chip stocks to almost penny stock status the past few weeks. Some say they are following the path of Citi, despite that they are a diversified company. The ironic thing is GE saw this coming and tried to sell their store credit card unit last year before the crisis really accelerated but no one was interested. Wow I wonder why no one wanted to buy a sinking ship. __________________ “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.” -Warren Buffett Current Cards: American Express: Blue Cash, Simply Cash Bank of America: Visa Financial Rewards Platinum Plus Chase: Rewards Visa, Amazon Visa Discover: More Current Everyday Card: American Express Blue Cash

12:38 AM	#2
Cucumber Centurion Member Join Date: Apr 2008 Location: Zuma Posts: 453	I think Citi is like the first or second issuer of store cards too. Maybe that's why there stock can now be bought at the 99 Cents Only store __________________ OBAMA Stop talking crap about him and give him a chance!

11:37 PM	#4
Cucumber Centurion Member Join Date: Apr 2008 Location: Zuma Posts: 453	LOL why can't we have good commercials like that in this country too!!! __________________ OBAMA Stop talking crap about him and give him a chance!

04:39 PM	#5
gboogie Green Member Join Date: Jun 2009 Location: Alabama Posts: 1	Business credit Yeah HSBC is a much tougher bank but i would rather go with them. Dont know if this will help any of you but i learned a few tricks at gboogie.net for free. business credit love everyone!

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09:32 PM	#6
Thomas Green Member Join Date: Aug 2009 Location: SC Posts: 2	I wouldn't touch anything with GE money with a 10 foot pole. Ive had more than my fair share of bad experiences with them.