@Roxlie wrote:
I was looking to purchase a computer from CC during the upcoming holidays..should I not use this card if there may be a possibility of them going out of business?
A note on their website said that they are simply reorganizing, but you never know.
I think that's something that each person can only decide for themselves. It is possible that this is the first step in Circuit City going out of business, however, there have been companies who have filed bankruptcy and not gone out of business. The one I know of is Kmart, they closed stores, filed bankruptcy, and then a few years later bought Sears, and are still doing business today.
However the information from their website also said that their CC's are not being affected. If you use this card and they do go out of business you are still going to have to pay Chase back. But if there's a problem with the computer and the business is gone you'll have to go to the manufacturer instead of just going back to the store.
