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 - 50 Tips for Ford N Owners - by Bruce Haynes. Over the years of owning these three tractors, I have managed to refresh what little mechanical knowledge I had and add a little more, thanks to the wisdom and helpfulness of many fellow N owners. So, now it's my turn to share a few of the tips I've picked up.
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