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How to Handle Credit Line Deductions

How to Handle Credit Line Deductions

Released Thursday, 22nd October 2020
Good episode? Give it some love!
How to Handle Credit Line Deductions

How to Handle Credit Line Deductions

How to Handle Credit Line Deductions

How to Handle Credit Line Deductions

Thursday, 22nd October 2020
Good episode? Give it some love!
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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

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