Ideas to Pivot paycar dot us
I wanted to create a site where one can pay their MONTHLY car loans/lease by credit card. Not the entire loans. When the payment is due in a month and users doesnt have a cash in the bank. As car companies doesnt accept credit card payment. Be it Kia or BMW. The way Banks deal with Third party bill payments means it can't be a Indie project. Even the credit card companies have weird rules againts which transaction can be coded as cash advance or regular transaction. what would you suggest i can pivot to? I own the domain Paycar dot us
This sounds like a great idea though. Is there no way you can take a credit card payment + 5% commission (or whatever) and the payment details for the car lease / loan and just pay the car dealership in cash? Sounds like a brilliant idea.
I guess what you're basically doing is changing card credit to cash for a commission. If you just did that... say the purchase was for "Debt Management Services" and sent the cash less commission back to the customer. Is that legal?
Plastic.com does the same. I wanted to vertically build the same platform where people think of paying car loan/lease monthly using my site/app
If you are flexible on working on other domains, I’d put that domain for sale first of all.
How did you end up with the project idea of wanting to pay car loans by credit card? Does it makes sense financially? (Interest rates)
I mean monthly car payments. In the gig economy when paycheck is a not a fixed one per month, lot of people use credit card. But car companies doesnt accept credit card as payment for loan or lease, even if it is 200 or 100 per month