How credit cards are hurting small-business owners

03/8/2012 | Reuters

Business credit cards provide a financing option for company owners who are unable to get other forms of credit, but they aren't covered by protections included in credit card legislation that was passed a few years ago. "All these practices that were recognized as deceptive and unfair by the [Federal Reserve] ... are still being perpetrated against small-business owners because their business credit cards aren't protected," said Todd McCracken of the National Small Business Association.

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