Due

JUNE 22, 2023

10 Lesser-Known Benefits of Using a Credit Card Let’s delve deeper and find out if you have access to the following benefits on any of your credit cards. Price Protection Generally, most credit card companies offer this little-known yet common feature. There may be refund limitations.

Credit and Collections 59

Credit and Collections Credit Card Companies Credit Scoring Deductions 59

Due

APRIL 3, 2023

The issuance of post-sale fees for gift cards is governed by state legislation in a few states, however. A fee is charged for maintenance, activation, and transactions during the purchase process. There must also be a statement describing the accompanying fees on the gift card. Do gift cards have an expiration date?

Brokerages 80

Brokerages Transactions Credit Card Companies Deductions 80

CreditStrong for Business

SEPTEMBER 12, 2024

Partial payments that are below the minimum amount or any transaction returned for insufficient funds following the due date are also considered late. If a credit card account has been delinquent for 180 days, a credit card company will formally close or “charge off” the account.

Credit Scoring 52

Credit Scoring Credit Card Payments Credit and Collections Bankruptcy 52

Due

JANUARY 27, 2023

When determining how much housing you can afford, a common rule of thumb is that you should spend no more than 30% of your gross monthly income before taxes and other deductions. Make sure you have a prime credit score. According to the Consumer Financial Protection Bureau (CFPB), prime credit scores range from 660-719.

Credit Scoring 105

Credit Scoring Credit and Collections Credit Card Companies Default 105

Due

APRIL 16, 2024

Document your transactions. Research the advisor and their company. The scammer received a payment: Get in touch with your bank or credit card company as soon as possible. Tell them you were scammed and ask them to freeze your accounts and reverse fraudulent transactions. Collect all communication.

Credit and Collections 52

Credit and Collections Credit Card Companies Debt Collections Transactions 52

Fundera

DECEMBER 16, 2017

These advocates point to better rewards opportunities, higher credit limits, and tempting 0% APR introductory offers as reasons to make the most of being a business owner by choosing a business rather than consumer credit card for personal use. Overlapping personal and business expenses impacts your credit.

Credit Card Companies 78

Credit Card Companies Credit Reporting Agencies Transactions Deductions 78

CreditStrong for Business

MARCH 10, 2023

Capital One explained that the minimum payment must be received by the due date listed on the statement and partial payments that are below the minimum amount or any transaction returned for insufficient funds following the due date are also considered late. The extra 24 hours generally does not apply to payments made electronically.

Credit Scoring 52

Credit Scoring Credit Card Payments Bankruptcy Chapter 7 52

CreditStrong for Business

SEPTEMBER 4, 2024

It’s best to get your credit report straight from the source. After getting your free credit reports, go over them with a fine-tooth comb. Match up bank statements, major transactions, and balances with your credit file. But if you do, there’s a chance of boosting your credit score by disputing it. That’s typical.

Credit Scoring 52

Credit Scoring Credit and Collections Credit Reporting Agencies Credit Application 52

Fundera

OCTOBER 8, 2018

These days, accepting credit card payments for your products or services is a virtual requirement. In fact, some businesses have begun to do away with cash transactions entirely—perhaps because researchers have found that people overspend with credit cards. This fee is known as the interchange rate.

Credit Card Payments 57

Credit Card Payments Transactions Credit Card Companies Small Businesses 57

Fundera

JANUARY 27, 2019

Click the button at the top left of the home dashboard which says “Add Your First Card.” A box will pop up prompting you to input your credit card number, expiration date, and billing address. You can add as many credit cards as you want, or just add one. Photo credit: Plastiq. Photo credit: Plastiq.

Small Businesses 40

Small Businesses Credit Card Payments Dashboards Credit Card Companies 40

Fundera

JULY 5, 2018

Both secured credit and debit cards typically have spending limits, either equal to the line of credit or account balance respectively, effectively preventing users from spending money they don’t have. But a secured credit card is paid off monthly, not deducted from your account balance or deposit every time you spend.

Credit Scoring 55

Credit Scoring Credit Card Companies Credit Card Payments Default 55

Fundera

OCTOBER 20, 2019

Included transactions. This account has no minimum opening deposit, no monthly fee, no international transaction fees, and includes unlimited transactions. Sometimes called the bottom line, net income, or net earnings, net profit is essentially what is left over after you deduct your expenses from your total revenue.

Small Businesses 101

Small Businesses Credit Scoring Credit and Collections Default 101

Fundera

JULY 7, 2018

And for a few more sales, you’re still waiting for payments to process through the credit card company—so that money hasn’t actually hit your business bank account. Many bank statements include a column showing the bank accounts balance after each transaction. Yes, even the tax-deductible ones!)

Credit and Collections 89

Credit and Collections Collector Credit Card Companies Transactions 89

Fundera

JANUARY 7, 2019

And for a few more sales, you’re still waiting for payments to process through the credit card company—so that money hasn’t actually hit your business bank account. Many bank statements include a column showing the bank account’s balance after each transaction. Yes, even the tax-deductible ones!)

Credit and Collections 75

Credit and Collections Collector Credit Card Companies Transactions 75

Fundera

SEPTEMBER 25, 2018

Commerce Bank currently offers two credit card products for small businesses—the Business Rewards Card and Business Platinum Card. Both Commerce Bank business credit cards are issued by Visa, so you have the benefit of ease-of-use and fraud protection of one of the largest credit card companies.

Credit Scoring 40

Credit Scoring Credit Card Companies Deductions Small Businesses 40

Fundera

APRIL 21, 2016

For yet a few more sales, you’re still waiting for payments to process through the credit card company—so that money hasn’t actually hit your bank account. Many bank statements include a column showing the bank accounts balance after each transaction. Yes, even the tax deductible ones!)

Credit and Collections 75

Credit and Collections Collector Credit Card Companies Transactions 75

Fundera

NOVEMBER 4, 2015

Before you dive any further into the small business lending process, check your credit score. Some credit card companies will show you your credit score right on your monthly statement, or when you sign onto your online account. Yes, right now! Otherwise, you can find it on sites like this. Check Processing Fee.

Small Businesses 97

Small Businesses Credit Scoring Credit and Collections Default 97