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Monday, November 23rd, 2009

The Slippery Slope of Credit Card Financing

March 12, 2009 by Jean Murray  
Filed under Business

The Slippery Slope of Credit Card Financing

You want to start a small business. Or your business needs cash to get through a slump.  How do  you get the money? If you thought, “credit cards,” you’re not alone.  The National Small Business Association says that small businesses use credit cards more than any other type of financing.
The Dangers of Credit Card Financing.  If you have really great credit, you can probably get a 0% credit card.  Then you can either (1) dump all your other business credit cards onto that one or (2) Use the zero interest one to buy stuff you need or (3) both.  But …read more


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