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How Small Businesses Can Use Credit Cards for Financing – business.com

While credit cards have higher interest rates and annual fees, they are often used to fund businesses, especially small ones. As with any loan, there are risks associated with using your credit card for business financing. But acting responsibly and taking advantage of rewards can be a viable way to get your business going or get it humming. Editor's Note: Looking for the right loan for your business? Please complete the questionnaire below to contact our supplier partners about your needs. What is credit card financing? Credit card financing is when a small business owner uses a credit card to…

How does refinancing affect my credit score? The ascent

Refinancing is a popular way to get a better deal on a loan or credit account, such as a mortgage, personal loan, or car loan. While it has benefits, refinancing will affect your health creditworthiness, usually resulting in a small, temporary decrease. To help you understand the implications of loan refinancing, here's a complete guide to the question, "How does refinancing affect a credit score?"How Refinancing Affects Your Credit ScoreThere are two ways that refinancing affects your credit score:When you check rates with a lender, the lender reviews your credit history. This sets what a difficult research on your credit…

The tax credit for agricultural workers can double

(AP Photo / Gerry Broome) Legislation has been enacted to double the state's retention credit on farm workers from $ 600 to $ 1,200 next year - with a total price tag for state taxpayers of $ 50 million per year. A.3886 was introduced by Assemblywoman Donna Lupardo, D-Binghamton, with several co-sponsors. The credit would go from $ 600 in 2020 to $ 800 in 2021 and then go up to $ 1,200 in 2022. The legislation also makes the tax credit permanent. Companion Law, S.3502, has been sponsored by Senator Michelle Hinchey, D-Kingston. Farms throughout New York have been…

Judge convicts former St. Charles president of fraudulent use of the company’s credit card

ST. LOUIS - United States District Judge E. Richard Webber today sentenced Tara Sabatini to 30 months in prison. The 45-year-old resident of St. Charles, Missouri pleaded guilty to one telegraph in October. Sabatini was employed as "Senior Director of Sales" at a company in St. Louis, Missouri that sold wholesale quantities of food to various commercial customers, mostly supermarket chains. The company issued Ms Sabatini with a company-funded corporate credit card and authorized her to use the credit card for official business, including work travel and certain customer expenses. In 2017 and 2018, Sabatini used her corporate credit card…

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