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Upcoming Credit Card Protections
Effective Date
• Most of the new law would go into effect 9 months after the date of enactment.
• The 45 day notice requirement and the requirement that bills are sent 21 days before the due date go into effect 90 days after the date of enactment. Read the rest of this entry »
2009 Small Business Credit Card Survey. Small business credit-card acceptance is on the rise. Back asked in December 2008, 49 percent appear application acclaim cards in the accomplished 12 months to accounts their firms. In late April, however, that cardinal jumped to 59 percent. This access is occurring admitting a rise in the cardinal of baby businesses advertisement deepening credit-card terms. Asked to evaluate their credit-card agreement over the after most bristles years, 79 percent appear worsening terms—up from 69 percent in December 2008. Even added eye-opening: back asked if their credit-card agreement had worsened in the after most six months, a whopping 75 percent reported that they had. Read the rest of this entry »