FlyerTalk Forums - View Single Post - Mortgage payments with freq flyer CC?
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Old Apr 24, 2004 | 5:27 am
  #4  
phoenixitc
 
Join Date: Oct 2000
Programs: AA - Lifetime Gold
Posts: 1,513
There was an article recently in an Austin paper discussing this topic. It was noted that more apartment complexes are accepting cc's for rent payments. The comment was that the mortgage industry was monitoring this for the future. Several issues involved here...the mortgage co. would lose 2%+ in fees plus it could get some homeowners in trouble with their cc's by not properly covering their cc bills after making mortgage payments.

Maybe in the future...
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