I'm trying to find where it states that a financial institution can't allow a borrower to make a loan payment via a credit card. (Besides the whole issue of just transferring debt from one thing to another). I thought it was in Truth in Lending, but I'm not finding anything there.
I have found in the Visa Core Rules where it state that you could accept a Visa Debit Card for a loan payment, but not a Visa credit card. I have not been able to find the same language in the MasterCard rules. Am I missing it or remembering something that really wasn't there, but just a good practice.
Appreciate any help
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