Tuesday, July 5, 2011

CARD Act Protects Consumer Credit Cards ? But Could Hurt Business Users

The Credit Card Accountability, Responsibility and Disclosure (CARD) Act, which took effect in late February, is good news for consumers who use credit cards, but could be bad news for small business owners, SMSmallBiz reports.

The CARD act affects only consumer, not business, credit cards. But like consumers, in the past few years business owners have been hit by rising interest rates and fees on their business credit cards. They’ve also been struggling with rising costs for accepting credit andRead More

From Small Business Trends

CARD Act Protects Consumer Credit Cards – But Could Hurt Business Users

Emma Stone Raquel Alessi Marisa Coughlan Shanna Moakler Portia de Rossi

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