BizSugar.com › Finance › Will Small Business Credit Card Users Get Protection?

The Credit Card Accountability Responsibility and Disclosure (CARD) Act extended lots of protections to consumer credit cardholders. Thanks to the CARD act, credit card issuers can’t raise rates without notice, add penalty rates to existing balances or charge fees higher than the amounts that are owed. But the CARD act didn’t apply to business credit card holders. Now, The Wall Street Journal reports, legislators are seeking to extend some of those protections to business credit card users.