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It seemed new legislation would stop it – but according to a report yesterday, unscrupulous companies are planning to simply increase their prices or introduce new supposed ‘service charges’ to ensure they get the same amount of cash. To make matters worse, some of the price rises will be across the board, affecting cash payers as well as those using credit cards.
The law provides protections when you deal with any organizations or people who regularly extend credit, including banks, small loan and finance companies, retail and department stores, credit card companies, and credit unions.
Everyone who participates in the decision to grant credit or in setting the terms of that credit, including real estate brokers who arrange financing, must comply with the ECOA.
You can now add Cash to the list of rewards you can get with this card.
Along with low rates, you’ll get points for everyday purchases, which you can redeem for CASH.
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