no more credit cards at HDFS
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Seasoned HDF Member
Joined: Feb 2009
Posts: 5,542
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From: In your head rent free
no more credit cards at HDFS
Logged in this morning to check that a payment posted. Notice as soon as the page opens thst Harley Financial will no longer accept credit cards as a form of payment as of April 12.
No more points on the card, I guess.
Debit or checking account only. Wonder what that will do to their default rate.
Typical Harley move, make it more difficult to buy, and to pay, then wonder why business is dropping.
No more points on the card, I guess.
Debit or checking account only. Wonder what that will do to their default rate.
Typical Harley move, make it more difficult to buy, and to pay, then wonder why business is dropping.
Road Warrior
Joined: Aug 2008
Posts: 1,997
Likes: 94
From: Massachusetts
I'm guessing it just makes good business sense, as I assume they're losing a 3% or so fee with a CC payment.
If someone is making a loan payment with a CC, it would seem to me they can't afford the loan in the first place.
Wouldn't think it would be worth it just for the points, but it wouldn't be the first time I was wrong.
Why wouldn't a person just have their payment electronically deducted from their checking or savings?
No charge for the service and you don't have to think about the payment, it just happens.
If someone is making a loan payment with a CC, it would seem to me they can't afford the loan in the first place.
Wouldn't think it would be worth it just for the points, but it wouldn't be the first time I was wrong.
Why wouldn't a person just have their payment electronically deducted from their checking or savings?
No charge for the service and you don't have to think about the payment, it just happens.
Last edited by ElectraGlideSteve; Mar 3, 2017 at 10:33 AM.
Road Master
Joined: Sep 2013
Posts: 1,091
Likes: 84
From: Southern Maine / Seacoast NH
Use the card to pay the loan payment, get points/rewards/miles/whatever on the card, then pay card off again the following day out of checking account. Minimal effort once you get a couple auto payments set up, and basically free CC rewards.
My wife works for a small company, the boss keeps the business CCs maxed every month, reaps the airline miles and whatever other rewards on like 100k of credit every month, but pays them off every month to avoid the interest.
My wife works for a small company, the boss keeps the business CCs maxed every month, reaps the airline miles and whatever other rewards on like 100k of credit every month, but pays them off every month to avoid the interest.
Last edited by dandrumheller; Mar 3, 2017 at 10:42 AM.
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Seasoned HDF Member
Joined: Feb 2009
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From: In your head rent free
I pay about everything with a card, then pay the card off. Cash back and rewards points add up.
And nobody gets direct access to my checking account.
As far as affording it, I keep my bike payments to one year in advance, just in case of emergency. It is the only none house related payment I have.
And nobody gets direct access to my checking account.
As far as affording it, I keep my bike payments to one year in advance, just in case of emergency. It is the only none house related payment I have.
Wouldn't think it would be worth it just for the points, but it wouldn't be the first time I was wrong.
Of course, if you don't pay it off monthly, the points are a sucker deal designed to fool you into thinking you aren't taking it in the ***.
Some people are either posting without reading anything whatsoever in this thread, or they are having a hard time grasping the concept the OP is talking about.
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Seasoned HDF Member
Joined: Feb 2009
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From: In your head rent free
They charge a $3.00 service charge for CC
But they also charge like $12.00 to talk to a human.
But they also charge like $12.00 to talk to a human.
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From: Carlsbad, CA
Read the above, before speaking. Just because you put stuff on a CC doesn't mean it's a loan. I put nearly all my expenses on my rewards Credit Cards and pay off every month. I set up my CC to automatically pay in full each month from my Checking Account.
As far as HDFS not accepting CC as payment, it's their prerogative. Why should they pay the CC fee?
As far as HDFS not accepting CC as payment, it's their prerogative. Why should they pay the CC fee?
