The ability to pay debts by credit card charges has existed for a long time.
What is new is being able to enter into an installment agreement with the monthly installments being automatically charged to a credit card. Previously, each charge required a signature. Now, they can do an installment agreement with one signature for the agreement.
As stated above, the ability to pay by credit card has been in place for a while. But I can't figure out why someone would choose this. SSA is very accomodating to interest free installment payments so why would you want to pay interest to the credit card company?
3 comments:
This is nothing new.
The ability to pay debts by credit card charges has existed for a long time.
What is new is being able to enter into an installment agreement with the monthly installments being automatically charged to a credit card. Previously, each charge required a signature. Now, they can do an installment agreement with one signature for the agreement.
As stated above, the ability to pay by credit card has been in place for a while. But I can't figure out why someone would choose this. SSA is very accomodating to interest free installment payments so why would you want to pay interest to the credit card company?
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