Comments on: Dual credit crunch conspiring against a recovery?

By: Moneywise

Moneywise — Thu, 24 Dec 2009 11:58:46 +0000

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By: Theron Trivett

Theron Trivett — Wed, 09 Dec 2009 21:39:01 +0000

An interesting post well worth the interpret – the number of credit cards must be relatively small, but it is commonly better to have extra than one. Having too much credit accessible makes you seem risky to creditors, as you could promptly and effortlessly burden yourself with added liability than you can handle. On the other hand, if you have just one credit card obtainable to you, you are extra or a reduced amount at the mercy of the issuing bank’s conditions and terms. By having extra than one card, you are letting the bank know they are not your only credit options.

By: Terrible Advice from a “Small Business Expert”

Terrible Advice from a “Small Business Expert” — Fri, 30 Oct 2009 15:56:48 +0000

[...] the payment pattern improves? The true issue here is a collections problem. There is definitely a cash crunch for many small businesses, and I feel their pain, but this is not the way to solve their problems—ultimately it will only [...]

By: Capital One Credit Reporting Causes New Problems for Small Business (CreditBloggers.com) | Cortera

Fri, 30 Oct 2009 13:41:17 +0000

[...] Cortera blog post does a good job detailing how hard the credit crisis is hurting small business owners right now. Capital and credit are hard to come by, and if this change lowers entrepreneur’s [...]

By: Intentionally delinquent payments: Sound Advice for Small Businesses or Bad Ethics?

Thu, 29 Oct 2009 17:38:09 +0000

[...] is certainly some passion there. As I have blogged about in the past, there is a rough “dual credit crunch” that is squeezing small businesses and hurting their cash [...]

By: Tamara Holmes

Tamara Holmes — Tue, 27 Oct 2009 06:40:11 +0000

Many people experiencing credit debt problems, might imagine their first port of call being debt consolidation via non-profit debt counseling agencies. And rightly so, these credit debt management services have provided ‘life-lines’ to many distressed debtors, enabling them to consolidate their debts with affordable monthly payments at reduced rates of interest. In some instances, debt solution services have even been able to negotiate as little as 0% with credit card companies.

By: Capital One Credit Reporting Causes New Problems for Small Business | OlaFinance

Mon, 26 Oct 2009 17:16:56 +0000

[...] Cortera blog post does a good job detailing how hard the credit crisis is hurting small business owners right now. Capital and credit are hard to come by, and if this change lowers [...]