Register free!


Reply
 
Thread Tools   Display Modes
  #1  
Old 12-28-2004, 10:30 AM
turf hokie's Avatar
turf hokie turf hokie is offline
LawnSite Silver Member
 
Join Date: Oct 2003
Location: Metro NY
Posts: 2,675
Lesco and new revolving credit

Any one have an opinion on lesco's new revolving credit card?

What about them doing away with their normal charge accounts?

I am not signing up for their credit cards. Interest rate is sky high and no miles. I will stick with my AMEX.

Thing that has me a little upset is they say this is for the small business owner. I am one and it actually is going to hurt me. I would charge my purchases and then pay my bill on my CC for total of net 60 days. 30 from Lesco and 30 from the CC. Now it is net 30 b/c it goes directly to the CC.

Anybody else bothered by this or is it me?

Gotta love big corporations "looking out" for the little guy.
__________________
"What do you mean we canít get rid of those weeds in time? Then go over there and put some fancy signs with Latin names in front of them."
Walt Disney
Reply With Quote
  #2  
Old 12-28-2004, 10:46 AM
Garden Panzer's Avatar
Garden Panzer Garden Panzer is offline
Banned
 
Join Date: May 2004
Location: Seattle
Posts: 313
Hawaiian Airlines does $1 for $1


You'll just get a visa to use and @ 1-1.......


Even I can afford to fly to Hawaii with my camping gear... lol


Reply With Quote
  #3  
Old 12-28-2004, 07:53 PM
philk17088's Avatar
philk17088 philk17088 is offline
LawnSite Fanatic
 
Join Date: Nov 2002
Location: South Central PA
Posts: 17,386
I wont use it. If I HAVE to buy anything at Lesco it will be cash only and I'll ask for a cash discount. My other suppliers have better terms and appreciate my business.
The interest rate is extremely high.
Reply With Quote
  #4  
Old 12-28-2004, 09:08 PM
DUSTYCEDAR's Avatar
DUSTYCEDAR DUSTYCEDAR is offline
LawnSite Fanatic
 
Join Date: Jul 2003
Location: PA
Posts: 5,173
not sure i like it
i think i will just charge it to my visa and be done with it why pay 2 bills
Reply With Quote
  #5  
Old 12-28-2004, 10:17 PM
ant's Avatar
ant ant is offline
LawnSite Silver Member
 
Join Date: Jan 2000
Location: dirty jersey
Posts: 2,420
i will use my master charge and get a 1% kick back..
__________________
The early bee gets the nectar.
-----------------------------

2003 ford F 150
1- 14' OPEN TRAILER sold
1- 16' open trailer
BILLMASTER SOFTWARE FOR MY LAWN CARE.
http://www.customizedbusinesssoftware.com
QUICK BOOKS FOR ACCOUNTING
1- Z SPRAY Intermediate
1- Z SPRAY MAX
2-Z PLUGGER
1-Lesco Renovator
1- CLASSEN SPLIT REEL CORE AERATOR
1- 150 GAL NURSE TANK WITH A 20 GPM TIGER PUMP.
Reply With Quote
  #6  
Old 12-28-2004, 10:50 PM
ArizPestWeed's Avatar
ArizPestWeed ArizPestWeed is offline
LawnSite Bronze Member
 
Join Date: Apr 2004
Location: On the Toilet
Posts: 1,450
I just walk in and take what I want .
Phuck them !
lol
Reply With Quote
  #7  
Old 12-28-2004, 11:13 PM
GrazerZ GrazerZ is offline
LawnSite Senior Member
 
Join Date: Jul 2000
Location: Lisbon Falls ME.
Posts: 671
Called about this today to my local Lesco. It does not interfear with your current account. its just another credit card with 23 % interest!!! what a joke. its like those sears cards that people use. I couldn't imagine using a card with an interest rate like that.
Reply With Quote
  #8  
Old 12-29-2004, 04:22 PM
turf hokie's Avatar
turf hokie turf hokie is offline
LawnSite Silver Member
 
Join Date: Oct 2003
Location: Metro NY
Posts: 2,675
Grazer Z

I spoke to 2 people at corporate and both said that I could NOT continue to use my account as I have in the past. That I had to pay by check, cash or credit card if I declined the Lesco card.

Maybe they have some kinks to work out. I hope it is just another credit card, this way I can decline their card. I like the way it was in the past.
__________________
"What do you mean we canít get rid of those weeds in time? Then go over there and put some fancy signs with Latin names in front of them."
Walt Disney
Reply With Quote
  #9  
Old 12-29-2004, 08:58 PM
Lawnchoice's Avatar
Lawnchoice Lawnchoice is offline
LawnSite Senior Member
 
Join Date: Jun 2004
Location: Seacoast New Hampshire
Posts: 781
Quote:
Originally Posted by philk17088
I wont use it. If I HAVE to buy anything at Lesco it will be cash only and I'll ask for a cash discount. My other suppliers have better terms and appreciate my business.
The interest rate is extremely high.
Have you attempted asking for a cash discount ever?
Reply With Quote
  #10  
Old 12-30-2004, 02:50 PM
philk17088's Avatar
philk17088 philk17088 is offline
LawnSite Fanatic
 
Join Date: Nov 2002
Location: South Central PA
Posts: 17,386
Quote:
Originally Posted by Lawnchoice
Have you attempted asking for a cash discount ever?
Yep, I always ask some, times they say no but I have gotten 2% off for paying up front.
Credit cards are a suckers move on both ends. You pay interest if you aren't jonny on the spot in that 28 day billing period and your supplier gets hosed by having to pay a processing fee.
If you can't pay for it you can't afford it.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 04:50 AM.

Page generated in 0.08749 seconds with 7 queries