''Bank Fees Are a Credit Union's Best Friend''
"Something is wrong when keeping cash in the kitchen cookie jar seems a reasonable substitute for your bank.''
More info"Direct mail offers are flowing for business credit cards, many with attractive promotional interest rates and balance transfer deals, says Nick Bourke, director of Pew Charitable Trusts’ Safe Credit Cards Project.
Anyone can get one of these offers, not just business owners. Yet while there are many reasons to open an account, there can be substantial risks involved.
Bourke says business credit cards can be dangerous for people who aren’t aware of two important points: The person with the card will likely be liable for the charges if the business doesn’t pay, and the cards don’t have the same federal protections that consumer credit cards have."
- Date added:
- May 15, 2012
- Project:
- Safe Credit Cards Project
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