News

Get Ready to Get Spanked for Staying Out of Credit Card Debt

Wednesday, October 21,2009 06:30 AM

You floss regularly, yield to oncoming traffic and use your credit cards judiciously, dutifully paying off your balance every month.You may believe that your exemplary behavior shields you from unexpected credit card fees. Sadly, that is no longer th......

view details

Survey Says Small Businesses are Growing Payroll

Friday, October 16,2009 03:30 AM

Nearly half of small businesses say they plan to add positions despite the current economic environment, according to a survey released today by Chase Card Services, the credit card division of JPMorgan Chase & Co. The survey comes as the Wilm......

view details

Competition Heats Up for Business Credit Cards

Tuesday, October 13,2009 05:56 AM

Small business owners may be next to see a rise in credit card direct marketingas the card industry shows yet another sign of recovery. Mintel Comperemedia, aservice that provides direct marketing competitive intelligence, reports thenumber of credit......

view details

The Credit Crunch Continues

Tuesday, October 06,2009 06:17 AM

Anyone counting on a meaningful economic recovery will be greatly disappointed. How do I know? I follow credit, and credit is contracting. Access to credit is being denied at an accelerating pace. Large, well-capitalized companies have no problem ......

view details

Big decision: How to fund your new business

Friday, October 02,2009 06:09 AM

John Scala has one supportive wife. The entrepreneur plowed through his savings as well as cash from his mother, father, sister, uncle and mother-in-law to open a barber shop. When he needed even more cash to complete construction of his downtow......

view details

A Real Credit Thaw or Just a Test

Tuesday, September 29,2009 05:39 PM

In July and August, Chase, Barclays, Citibank and Bank of America sent out more small-business credit-card offers than in previous months, according to Mintel Comperemedia, a Chicago firm that tracks direct mail. What's more, the number of mailings ......

view details

Small Business Owners Angry at Big Banks

Monday, September 21,2009 05:36 AM

One year ago this week, Lehman Brothers closed its doors. Financial panic, obvious from the rapid decline of stock markets, spread like a contagion. The meltdown obviously hurt me, like many people who had much of their retirement savings loaded into......

view details

Credit Card Chaos

Friday, September 11,2009 03:45 AM

When the 2009 CARD Act goes into effect in February, expect some big changes to your credit card bill and some possible fallout in your stock portfolio. The most sweeping regulation of the credit card business ever passed was signed into law by Presi......

view details

Personal Credit Reports Now Reflect Business Loans

Tuesday, September 08,2009 05:56 AM

As technology advances, it's likely that info about your business repayment history could influence your personal credit score.Traditionally, business loans were considered separate from business owners' personal credit reports. But that has been c......

view details

To Slim Down, Small Businesses Team Up

Wednesday, September 02,2009 03:18 AM

When Sarah Pace, the founder of Brooklyn, N.Y.,-based caterer Rabbit Mafia, wanted to devise a dining concept that would appeal to hungry, cash-strapped New Yorkers, she knew she'd need help. Pace's plan was to revive the supper club, a Depressi......

view details