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Money and Finances
Reply to "Benefits of putting all expenses on credit card"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I even use CC for car down payment once. Dealer did not like it but he wanted the sale.[/quote] I wonder why he didn't like it. Money is money. [/quote] Dealers make money when they originate a car loan. But, a credit card costs them the interchange rates from Visa/Mastercard plus a card processing fee. I once bought a car with a terrible loan for a good discount off the cash price and paid it off immediately. I saved some money, but had to do what seemed like a lot of extra paperwork so I never tried it again. [/quote]
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