This lets credit-starved businesses get hold of cash faster than they otherwise would, and gives the buyers a return on the invoices they snapped up.
"I've seen what happens if you let credit cards get out of control.
But Civitas says that the "burdensome" regulation should be lifted further, to let credit unions pass on their processing fees, which are typically £8, to the borrower in full.
The industry minister, Miguel Sebastián, pointed the finger at banks, saying they bore most of the blame for the economic crisis and should start to let credit flow to companies and consumers.
Does he accept with hindsight that it was asking for trouble to let credit card debt spiral so high, or allow banks to offer mortgages of six times salary?
Also, don't let credit card debt overtake your savings.
In the early 1990s the promoters, reaching for yield, let credit quality slip and added leverage.
Anyone who has let credit-card bills or mortgage bills pile up, unopened, knows that avoiding the envelope does not reduce your anxiety; it increases it.
Now from the viewpoint of the chief financial officer, that got compromised and there was an increasing willingness to let credit-quality of your business deteriorates if it meant you could have access to greater funds on the liability side.
Bill called the anarchist Hippo and would let him have credit up to two dollars; other customers were not allowed to charge so much as a nickel cigar.
