Episode Details

During this show, you'll discover …

● How to handle a credit card limit decrease

● Steps to take as a business when your business credit card limit is reduced

● How lenders are changing the way they do things

● They are lending less

● Some changes are positive for borrowers

● Some changes are negative for borrowers

● Lenders are monitoring business accounts for risky behavior

● And some are even reducing existing credit card limits based on perceived risky behavior

● The Credit CARD Act of 2009 does not protect from this

● Neither Does the Truth in Lending Act of 1968

● What should you do if your business credit card limit is decreased?

● How to monitor your personal and business credit

● Why you shouldn't close accounts with decreased card limits

● How to look for options to bridge the gap

● Options like the Credit Line Hybrid

● What is the Credit Line Hybrid?

● What benefits does the Credit Line Hybrid offer?

● Why you need expert help to guide you through the business financing process

● How to get expert help on how to handle a credit limit decrease