Last May the Credit Card Accountability, Responsibility and Disclosure (CARD) Act was signed into law, containing a sweeping set of regulations designed to curb many unfair credit card issuer practices.
The catch for small business owners? The Act only applies to consumer credit cards. If you have a small business credit card now or get one in the future, you’ll still be working under the old set of rules.
This may not be all bad. Before I tell you why, let meRead More
From Small Business Trends
New Credit Card Laws Don’t Apply to Small Business Cards
Tags: Credit Cards
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