i heard that it is illegal to charge someone a different rate, or to add in extra charges if someone pays for something with a credit card VS cash or VS personal check. anyone ever hear this, or know if it's true? i'm sure it varies from state to state, but any info is appreciated.
for example, i'm buying metal from a distributor, and they want to charge me an extra 3% to use a credit card as opposed to cash or check, because the vendor is telling me they LOSE 3% to the credit card companies. not normally a big deal, but this is over $100,000 worth of metal!!
thanks in advance.
2006-11-07
03:11:52
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6 answers
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asked by
Anonymous
in
Other - Business & Finance