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Gift card may be worthless if a company fails

Posted by cashmoneylife 1156 days ago, popular 1156 days ago (http://blogs.moneycentral.msn.com)
Category: Business | Tags: gift cards shopping consumer news
If the company is struggling and files for bankruptcy, that card will likely become worthless. The worst part is, some stores that are planning to close after Christmas are still selling the cards through the holidays, even though the cards will be worthless in January.
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