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Three Things to Know About Business Credit CardsBusiness credit cards have their benefits, but it's good to know their downsides as well.
By格温莫兰•
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When your company needs a little extra credit, it might be tempting to fill out one of thosebusiness credit cardoffers stuffed in your mailbox. Before you act, here are a few things you should know.
1. Small-business cards aren't regulatedby the 2009 Credit Card Accountability, Responsibility and Disclosure Act, which protects consumers from such practices as arbitrary interest-rate increases. The Pew Health Group warns that such an increase could amount to hundreds or thousands of dollars in extra costs for your business. Just check the fine print: Some issuers have voluntarily adopted these protections.
