It all depends upon how your business is set up. If is is a sole proprietorship – and many first-time businesses are – then you will be liable for that credit card debt, even if it is on a business credit card if your obtained that credit card using your own social security number. If you have set your business up as a Limited Liability Corporation, or LLC, then you’re only obligated up to the amount of your investment in the company, with a few exceptions. Read the rest of this entry »
Nationwide has started charging customers who use its credit and debit cards outside of the UK. Customers are being charged 0.84% for every operation outside continental Europe.
Jun 23
It was reported early 2009 that UK consumers were turning away from credit card spending in the heat of the economic downturn.
May 21
American Express cards are accepted at thousands of retailers, including department stores, airlines, petrol stations, and major hotels – but you will come across places that refuse payment by Amex.