nextcard busted

d33pt

Diamond Member
Jan 12, 2001
5,654
1
81
how many of you guys have nextcards? apparently they've been having money problems and laid off 90%. now their site is down. coincidentally my card expires this month, but it still works. i bought gas with it yesterday. what will happen when they are bankrupt? who will collect on their loans? should i go buy a car with it right now?
 

kranky

Elite Member
Oct 9, 1999
21,020
156
106
If you think that if NextCard goes bankrupt you won't have to pay your credit card balance, you're wrong.