|Posted: June 1, 2015, 2:20 pm - IP Logged|
I paid for my last new pick-up truck with a check drawn on my personal account, if there was an investigation no one contacted me. I'm sure people better off than me do such things all the time with no problems and if I ever won a lottery jackpot I probably wouldn't ever buy anything on an installment plan again.
That is nice to know, thanks for that information. It makes me wonder if the bank sent a report in, but the government didn't investigate because it was a one time thing. I think they investigated Hastert because he was doing it on a regular basis, then changed how he took the money out by doing it the illegal way. But, even if the government does investigate a multi-millionaire for doing the same thing, I am sure they would investigate it only once, and if they don't sense a lie, they will never bother that person again, that is what I gather from everything that I've read.
I am totally with you, I wouldn't do the installment plan either. Cash or one time payment via credit card every time. Wouldn't it be nice to go into a car lot, buy a car and give them cash. That would be fun.
Good luck to all.