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?
This is nothing new.
ReplyDeleteThe ability to pay debts by credit card charges has existed for a long time.
ReplyDeleteWhat 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?
ReplyDelete