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Lowered credit limits hit small business

Jeremy Simon

Some small business borrowers look to be among those experiencing lowered credit limits. In a post on The Vest Pocket Consultant, Rosalind Resnick shares the story of small business owner Michelle Wood, whose American Express credit line was slashed by $10,000 because her handbag company, Lil’ Diva Enterprises, was not registered with business information provider Dunn & Bradstreet.
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