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General Landlording & Rental Properties

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Ken Latchers
  • Hatfield, PA
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Accepting Credit Cards for rent

Ken Latchers
  • Hatfield, PA
Posted Jun 25 2012, 11:47

I have been considering credit cards as a payment option.

My BIG hesitation, is a tenant who pays, and then within 60 days "disputes" the charge to try and get out of paying the rent. This is a big problem for some types of business - people who charge and intend to get out of the payment later. And it becomes somewhat he says-she says trying to get your money. At least with cash, cleared check, good money order, you havee your money.

Thoughts?

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