Watch for Hidden Fees
Watch for Hidden Fees
Many solicitations, especially through the mail, promise universal acceptance, pre-approval and high business line of credit limits. Always read the fine print for fees and hidden charges. Deals that sound too good usually are. If the responsible and savvy consumer can successfully compare building business credit cards and their interest rates and charges, it is possible to move balances to more favorable cards by combining balances and juggling finances. These options are best used for those with higher credit lines, and with the advice of a tax accountant or bookkeeper.
