0 Credit Card: 0 Credit Card - 

The departures will begin next month.

In August, the San Ramon oil company said its subsidiaries Chevron U.S.A. Inc. and Chevron Credit Bank N.A. agreed to sell their respective proprietary credit card businesses to GE Money Bank NA, a unit of General Electric Co. (NYSE: GE) and FleetCor Technologies Operating Co. LLC., which processes fuel card transactions.

The transactions were expected to close in late 2007; the company did not disclose financial terms of the deals.

The layoffs were first reported by the Contra Costa Times. Some of the laid-off workers could land new jobs with FleetCor.

Chevron has 58,000 employees worldwide, and is providing job assistance to the laid-off workers. More>>

When it comes to keeping a thief from obtaining credit in your name, consumers have a tough weapon in the form of a so-called security freeze.

When you freeze your credit report, you thwart would-be thieves by preventing creditors from checking your credit history. Few lenders will lend you – or a thief – money without first checking your credit report.

Texans got added muscle in September, when a new law took effect that allows consumers to freeze their credit report without first having to have a police report. More>>