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Posted in Auto Loans
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lqsi12

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car payment with credit card
Since my credit cards are used for all payments, and purchases that do not charge a service fee ( I like the cash back ) I have often wondered if there is a lender that takes card payments, without the often dreaded service fee. Does anyone have a suggestion here ?

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None that I know of

The reason they don't take credit card paymetns is because the credit card company takes a percentage of each transaction.  On a $500 payment they will take anywhere from $15 to $30.  thus the service fee for using a card. 

Hope that explains it.

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