Davinci Blog

3/25/2011

Should Your Small Business Play the Credit Card Transfer Scheme?

You are probably going to start seeing slews of new credit card offers hit your mailbox in the coming weeks. That’s because the government just approved amendments to regulations that were passed last year. The new rules become official on Oct. 1.

All week, I’ve seen stories about credit card balance transfer schemes, reducing credit card interest rates, and credit cards as an alternative to bank loans. Capital One announced card balance...

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