As Michelle Singletary points to in An Informed Buyers Guide to Store Closings (BlackAmericaWeb, December 1st) "the Fair Credit Billing Act only applies to credit cards."
She advises that "this holiday season when you pick up your newspaper, don't look just at
the sales circulars. You better be reading the business section to keep
up on which retailers are doing well and which are going down."
A word to the wise…
Related: Gift Cards, the Next Toxic Asset?