Eric Rosenberg, provided by Published 9:31 am CDT, Tuesday, September 17, 2019 Getty Images Even a part-time side job is a real business and can qualify for a credit card. A business credit card can help you keep your business and personal expenses separate, manage your cash flow, and earn rewards. However, credit cards are only helpful if you use them responsibly, and pay off your entire balance each month. Visit Business Insider's homepage for more stories. Side hustles are a popular way to earn more income. Whether you are looking to pay off debt, improve your savings, or stash funds away for retirement, a side hustle can be a fun way to learn new skills and make money at the same time. But just because it is a side hustle doesn't mean it is a real business. You don't have to register a business with the government for it to be considered a real business. If you make money doing anything on the side, it's a business in the eyes of the government. If you … [Read more...] about Do I need a credit card for my side job? In most cases, yes.
Personal credit cards for business use
provided by Published 9:00 am CDT, Friday, April 26, 2019 MoneyTips It's bad enough when someone steals your identity and opens accounts in your name. What happens if thieves steal part of your identity and use it to create a non-existent person? Synthetic identity theft occurs when criminals "synthesize" a false identity using made-up Social Security numbers and other personal information. Sometimes, synthetic identity thieves start with a single piece of real information – for example, a child's stolen Social Security number – and fill in the rest with false information. Once the false identity has been created, thieves rack up huge bills under the identity and simply disappear, sticking creditors with the losses. When criminals pool their talents, synthetic identity theft can reach astonishing scale. According to the FBI, one fraud ring managed to acquire 25,000 credit cards under 7,000 false identities and used those identities to steal $200 million … [Read more...] about These Crooks Got 25,000 Credit Cards For Non-Existent People
David Slotnick, provided by Published 7:36 am CDT, Friday, April 12, 2019 Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. Business Insider may receive a commission from The Points Guy Affiliate Network, but our reporting and recommendations are always independent and objective. The Points Guy As American students get ready to return to college — or to move in for their first semester — they should start thinking about something in addition to course schedules and extracurriculars: their credit scores. College is an ideal time to start building a credit history, which is vital later on when it's time to open utility accounts, apply for car loans and mortgages, and even apply to rent an apartment. For those without credit history, the best way to start is to be added to a parent's account, or open a secured credit card, like the Discover it Secured. After that, the smartest move is to open … [Read more...] about The best credit card for college students who need to build a credit history
Claire Tsosie, NerdWallet Published 4:21 pm CST, Friday, February 1, 2019 This article was first published on NerdWallet.com. When you’re launching a small business, your biggest financial backers might be you, yourself and your credit card. On one hand, it’s exciting: You get to call the shots! On the other hand, a business credit card misstep could leave your startup financially strapped or increase your personal legal exposure. Before leaning on plastic, be sure to avoid these common mistakes. 1. Racking up credit card debt on an untested idea Business credit card debt is easy to take on, but hard to pay off — particularly when it comes with a high interest rate. That’s why using a credit card to finance unproven business concepts is so risky. “I’m not against all leverage. I understand its power in business,” says Stephanie Bacak, a certified financial planner and founder of Capstone Global Advisors in Peachtree City, … [Read more...] about 4 Business Credit Card Mistakes You Can’t Afford to Make
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Best Credit Card for Travelers? Probably Not One From an Airline Supported by ByZach Wichter Jan. 14, 2019 You’ve heard the pitch on your flights: Apply for an airline’s credit card and get perks like waived bag fees, priority boarding and miles for every dollar you spend. But what the airlines don’t tell you is that it has become more difficult and more expensive to cash in your miles for upgrades or awards tickets. Those free bags are “free” only after you pay the credit card’s annual fee, which generally starts at around $95. “The way people talk about it is that it’s a way to avoid these fees, but the fees are only there because of the airline,” said Taylor Tepper, a senior writer at Wirecutter who recently analyzed various airlines’ … [Read more...] about Best Credit Card for Travelers? Probably Not One From an Airline