Credit Finance

nytimes.com - When money was tight Diane mcleod couldn’t pay her bills, so she turned to the quickest and costliest source of cash: her credit cards.

Feb. 22 (Bloomberg) — Bloomberg’s Monica Bertran reports on new credit-card rules that take effect today and their potential impact on card issuers. (Source: Bloomberg)

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The trouble that began on Wall Street is beginning to trickle down to Main Street, as small businesses find credit tightening up. Many banks are wary about lending until it’s clear who will take responsibility for the bad debt they are carrying. Many small business owners are finding it hard to borrow to finance their operations, and they worry about whether their customers will be able to buy their products. Leta Hong Fincher has more.

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