Small Business Credit Cards Links

Small Businesses Smacked with Credit Card Rate Hikes

Small-business owners have been slapped with credit card interest rate increases of more than 30 percent since January 2010 because their cards aren't getting the same protections as those of consumers, says a new study. The Credit Card Accountability, Responsibility and Disclosure Act, enacted last year, limits rate increases, requires banks to apply payments to higher-rate balances first, and ...

CARD Act Doesn't Help Small Businesses

Issuers are aggressively marketing small-business credit cards that lack protections from the new law.

Credit law closes gift certificate ‘loophole’

Owners of gift certificates and prepaid cards that can beredeemed at multiple Montana merchants are less likely to lose thatcredit to expiration or unexpected fees under the federal CreditCard Accountability Responsibility and Disclosure Act of 2009,which went into effect in February.

Small business owners discuss lending problems with Patty Murray

Politics aside, small-business owners are in a credit desert. “I’m just in a holding pattern until I can get (money to make the improvements) myself.”

Beware That New Credit-Card Offer

So-called professional cards are increasingly being marketed to ordinary consumers, but they aren't covered under the Card Act.