AMENDMENT NO. 4            EXHIBIT 10.a.

         THIS AMENDMENT NO. 4 (the  "Amendment")  dated as of November 30, 1997,
to the Credit  Agreement  referenced  below, is by and among MACSAVER  FINANCIAL
SERVICES, INC., a Delaware corporation, (the "Borrower"), HEILIG-MEYERS COMPANY,
a Virginia corporation (the "Company"), the Lenders identified therein, WACHOVIA
BANK, N.A. (formerly,  Wachovia Bank of Georgia,  N.A.) as Administrative Agent,
NATIONSBANK,  N.A.,  as  Documentation  Agent,  and CRESTAR BANK and FIRST UNION
NATIONAL BANK (formerly, First Union National Bank of Virginia), as Co-Agents.

                                   WITNESSETH

         WHEREAS,  the Lenders have  established a $400 million credit  facility
for the benefit of the Borrower  pursuant of the terms of that Credit  Agreement
dated as of July 18,  1995 (as  amended and  modified,  the "Credit  Agreement")
among the Borrower,  the Company,  the Lenders  identified  therein and Wachovia
Bank of Georgia, N.A., as Administrative Agent;

         WHEREAS, the Borrower has requested that certain financial covenants be
computed without regard to a special charge to earnings of up to $135 million to
be taken in the third and fourth quarters of 1998;

         WHEREAS, the modifications requested hereby require the consent of the 
Required Lenders; and

         WHEREAS,   the  Required   Lenders  have  consented  to  the  requested
modifications  on the terms and conditions set forth herein and have  authorized
the  Administrative  Agent to enter into this  Amendment on their behalf to give
effect to this Amendment;

         NOW,  THEREFORE,  IN  CONSIDERATION  of the premises and other good and
valuable  consideration,  the  receipt  and  sufficiency  of  which  are  hereby
acknowledged, the parties hereto agree as follows:

         1.       Definitions.  Terms used but not otherwise defined shall have 
the meanings provided in the Credit Agreement.

         2.       Amendment.  The definition of "Consolidated EBIT" in Section 
1.1 of the Credit Agreement is amended to add the following clause at the end of
the first sentence therein:

         ", but excluding for purposes hereof in any event the special charge to
         earnings  of up to $135  million  taken in the third and fourth  fiscal
         quarters of 1998 relating to restructuring and severance expenses."

         3. The  effectiveness  of this  Amendment  is subject to receipt by the
Administrative  Agent of an  Amendment  Fee of 5 basis  points on the  aggregate
amount of Commitments held by each of the Lenders consenting to this Amendment.

         4.       Except as modified hereby, all of the terms and provisions of 
the Credit Agreement (including Schedules and Exhibits) shall remain in full 
force and effect.

         5. The Borrower agrees to pay all reasonable  costs and expenses of the
Administrative Agent in connection with the preparation,  execution and delivery
of this Amendment, including without limitation the reasonable fees and expenses
of Moore & Van Allen, PLLC.

         6. This Amendment may be executed in any number of  counterparts,  each
of which when so executed and delivered shall be deemed an original and it shall

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not be  necessary  in making  proof of this  Amendment to produce or account for
more than one such counterpart.

         7. This Amendment shall be deemed to be a contract made under,  and for
all  purposes  shall be construed  in  accordance  with the laws of the State of
North Carolina.


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         IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart
of this  Amendment to be duly  executed  under seal and delivered as of the date
and year first above written.

BORROWER:                  MACSAVER FINANCIAL SERVICES, INC.,
                           a Delaware corporation

                           By: /s/Dossi Bhaznagri
                               ------------------
                           Name: Dossi Bhaznagri
                           Title: Vice President


COMPANY:          HEILIG-MEYERS COMPANY,
                           a Virginia corporation

                           By: /s/Paige H. Wilson
                               ------------------
                           Name: Paige H. Wilson
                           Title: Vice President, Treasurer and Secretary


ADMINISTRATIVE
 AGENT:           WACHOVIA BANK, N.A., as Administrative Agent
                           for and on behalf of the Lenders

                           By: /s/Charles A. Johnson
                               ---------------------
                           Name: Charles A. Johnson
                           Title: Senior Vice President

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