It pushes off bill collecting to other people, you get your money.
The cost of that is about 3% or so to you.
As a person who always pays off my card every month, I tend to use my card where I can. It is not unusual for me to have 2-3 thousand doue each month. I write them a check for that.
I figure most places that take credit cards have raised their prices 3% to make up for the costs; so I will use the card there & get an intrest free loan for 20 days or so - my way of trying to get back a bit of that 3% more you will be charging me.
I don't know too much about it from your end of the transactions, but - it would seem to cost you a bit to get paid for things more timely....
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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