Regulation X refers to the limits on the amount of credit that can be granted to purchasers of securities from securities brokers, dealers, banks and other lending institutions. It is determined by the Federal Reserve Board. Revolving Balance A revolving balance is one that fluctuates with purchase...
I’ve use the down payment at car dealers in the past and noticed that compared to few years back, they’ve reduced the amount that they’ll allow you to put down using the card. Reply October 29, 2018 at 11:32 am jonmch says: pretty much everything can be charged now – I’m...