Raj Date, the Special Advisor to the Secretary of the Treasury for the Consumer Financial Protection Bureau, spoke in Philadelphia on September 15. His presentation, which you can view or read on the CFPB’s website, was titled “Lessons Learned from the Financial Crisis: The Need for the CFPB.&rdquo We noted two things about Mr. Date’s presentation that were … [Read more...] about Washington Update
Inquiring minds have been asking whether customers can charge the down payment for their new car to a credit card. The answer, like so many others, is “it depends.” There is no federal law that I’m aware of that would prohibit using a credit card for this purpose. Arguably, the fact that the down payment is made on credit (the credit card) at the same time … [Read more...] about Charge It!