Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent uses a credit card for business purposes.
Think of the credit card that is most important in conducting your business.
13b1. What did the card issuer do?
Response | ||||
---|---|---|---|---|
1 | Cancelled the card | 6 | ||
2 | Raised the interest rate | 35 | ||
3 | Lowered the limit | 41 | ||
4 | Raised the minimum payment | 5 | ||
5 | Changed the type/rewards of the card | 3 | ||
6 | Other | 11 | ||
7 | DK/Refused | 0 | ||
Total (%) | 101 | |||
N | 58 |
Notes: Six percent of small employers who use a credit card for business purposes and had any aspect of the credit card changed, including calling it in since the first of September had their card cancelled (Q#13b1).