Discount Crdit v Cash

amartinpitt

I have been told it is "illegal" for a supplier to supply goods and services at a discount for cash rather than if i purchased via credit agreement (supplied by himsef/company) (and visa versa) is this true.... - i ask for a discount for cash rather than use their loan agreement and he said he could not do that ? Thanks

CLAPTON

no it's not true

Rafter

Not illegal, but quite often the retailer will get commission from the loan company if you go that route. Therefore they can often make more profit out of a credit sale rather than a cash sale.

So no discount for cash, but not because it is illegal.

R.