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| Emergency small business loans to the rescue
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| Friday, June 26,2009 04:11 AM |
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Struggling small businesses got their first shot at debt relief this week, through a long-anticipated emergency loans program. The
Small Business Administration says that in the first week of the
program, which kicked off last Monday, lenders appro......
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| Why You Should Keep Your Business and Personal Credit Separate
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| Tuesday, June 16,2009 04:56 AM |
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Because business expenses can nick your personal credit rating, that's why!Kirk Brown put expenses for his small business on his personal credit card for years. He paid the balance in full every month, while obtaining reward points for free ai......
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| American Express Comes To The Rescue of Some Advanta Business Credit Card Customers
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| Thursday, June 11,2009 04:28 AM |
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Advanta Corp., which closed small business credit-card accounts to new use last week,
said in a Friday regulatory filing that it has entered into an
agreement with American Express Travel Related Services Co. Inc. to offer some of its customers acc......
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| SBA Recognizes Best Lenders to Small Business
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| Tuesday, June 02,2009 05:59 AM |
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The Small Business Administration recognized financial institutions
devoted to helping small firms through their lending practices.
The administration applauded 10 financial firms for their work with
small businesses struggling to secure credit. I......
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| To Get a Business Loan, Know How the Bank Thinks
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| Thursday, May 28,2009 05:33 AM |
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To hear some small-business owners talk, getting a loan remains all but
impossible. And yet, many bankers claim that their small-business loan
volume is up significantly. So, is the small-business credit crisis over or not?At first blush, the evide......
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| Advanta Pulls Out of the Business Credit Card Race
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| Wednesday, May 20,2009 04:24 AM |
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NEW YORK (Fortune) -- The credit card business has grown so wretched
that one major issuer is clipping its customers' cards and giving its
investors a haircut. Advanta,
the nation's No. 14 card issuer and a top lender to small businesses,
said ......
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| Credit card reform becomes opportunity to hammer good customers
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| Wednesday, May 20,2009 04:19 AM |
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Leave it to the banks to try to turn passage of credit card reform legislation Tuesday into bad news for many cardholders.Here's
the deal: Banks are basically saying that because they're going to have
to change some lending practices to comply wi......
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| 25 People to Blame for the Financial Crisis
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| Wednesday, May 13,2009 07:17 AM |
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The good intentions, bad managers and greed behind the meltdown. From CEOs to the American Consumer, from credit card debt to bad mortgages, a great tutorial on what the heck happened.Read all about it here: http://www.time.com/time/specials/pa......
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| A Brief History of Credit Cards - A Fun Primer!
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| Wednesday, May 13,2009 06:19 AM |
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It was status and convenience in two breezy words: Charge it. But in
these leaner times, shoppers are thinking twice before pulling out the
plastic, even as analysts predict credit-card defaults could total more
than $75 billion this year. On Ap......
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| US Fed rejects request to help credit card holders
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| Wednesday, May 06,2009 05:08 AM |
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The U.S. Federal Reserve rejected a request to force credit
card companies to immediately halt retroactive interest-rate increases on
existing balances, Democratic Senator Charles Schumer said on
Tuesday.
Schumer and Christopher Dodd, ......
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