Credit Cards
» Credit Cards, Volume 8, Issue 3, 2008
Within the last year, have you experienced the following more than once, once, or never with any of the credit cards that you use for business purposes?
If respondent uses one or more credit cards for business purposes.
23B. Excluding case involving an introductory offer, the interest rate on your outstanding balances was increased?
| Response | ||||
|---|---|---|---|---|
| 1 | More than once | 12 | ||
| 2 | Once | 9 | ||
| 3 | Never | 68 | ||
| 4 | DK/Refuse | 12 | ||
| Total (%) | 101 | |||
| N | 632 | |||
Notes: Sixty-eight (68) percent of small employers who used one or more credit cards for business purposes within the last year have not experience an interest rate increase on their outstanding balance within the last year.
