Suzie
Level 2 Member
In the new car market and while talking with a car dealer the topic of using cc came up. Completely out of the blue - I didn't ask how much I could put on a card - he said "don't let a dealer tell you you can only put xx on a credit card. If they limit the amount you can put on the card, they are violating their agreement with the credit card company."
Does anybody know if this is indeed true? I was under the impression that most dealerships limit how much you can put on a card.
We're cash buyers and not trading in, so a straight forward deal.
Any dp's appreciated. Thanks!
Does anybody know if this is indeed true? I was under the impression that most dealerships limit how much you can put on a card.
We're cash buyers and not trading in, so a straight forward deal.
Any dp's appreciated. Thanks!