Personal Finance Advice and Commentary

Saturday, July 02, 2011 3:30 pm
By Marcie Geffner · Bankrate.com

More female small-business owners are funding their businesses with credit cards and personal savings, instead of or in addition to long-term bank financing. That’s one finding of a new survey of U.S. female owners released by PNC Financial Services Group, a banking and financial services institution in Pittsburgh. The survey found that 59 percent of

Thursday, June 16, 2011 3:38 pm
By Marcie Geffner · Bankrate.com

It’s a dirty little open secret that credit card issuers have offered millions of so-called “business” credit cards to consumers in an attempt to skirt new federal consumer protection laws that don’t apply to these cards. In an effort to change that, four U.S. senators this week sent a letter to Federal Reserve Chairman Ben

Wednesday, May 18, 2011 1:47 pm
By Martha C. White · Bankrate.com

A new study released by the Pew Charitable Trusts’ Pew Health Group found that credit card issuers are pitching business credit cards to ordinary consumers, a situation that leaves consumers vulnerable to predatory practices. The Credit CARD Act passed two years ago categorically excluded business credit cards, which means that actions like hair-trigger penalty APR