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 - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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