Originally Posted by
yawdamp
Bumped into CP:
credit cards holding 100% cash until Pax fly (used to be 50%)
I am getting pretty tired of hearing this excuse. The credit card companies did this last year, how is it possible it is still affecting us? At some point we must have caught up to the credit card company and their reimbursments. For instance, lets say a family of four bought airfare in December for travel next week. We dont get any of their money until next week on their travel date, but aren't we getting all the money from the people that flew today? And isn't it the same amount (roughly) than a week from now, or a month from now? Im sure this had a huge effect on our bottom line for the first few months, but it has been way too long for it to still be an issue.