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Despite early challenges by the major credit cards at the time Discover credit card emerged from the shadows of Sears Financial Holdings to become a credit force to be reckoned with.
Despite early challenges by the major credit cards at the time, Discover credit card emerged from the shadows of Sears Financial Holdings to become a credit force to be reckoned with. Initially offered in 1981 as part of Sears, then the largest retailer Evgeny Kuznetsov Jersey , it was joined by Dean Whitter Reynolds and Coldwell, Banker and Company to add financial offerings to the company.
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It took a ruling by the Supreme Court in 2005 to end this exclusionary practice and the acceptance of the Discover credit card by many merchants was quickly achieved. Growing rapidly, the Discover credit card is now one of the major players in the credit card industry. In June of 2007 Discover was spun off from Morgan Stanley to become a separate entity.
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