The Wall Street Journal had an interesting article on this leap year day entitled "Yet Another Reason to Pay Off Credit Cards."
I'm sure we all could come up with a heck of a list of reasons why we should pay off credit cards - like to get out of debt, to avoid paying high interest rates, or to avoid paying interest all together - but in this WSJ article, we're given yet another reason to consider...
The interest you pay on your outstanding credit card balances actually goes toward footing the bill for other people who can't or won't repay their credit card bills!
So if you don't pay off your credit card bills in full, you're paying interest, and up to a third or more of that interest is paying to offset the cost of "deadbeat cardholders."
And remember, a credit card is a credit card, so this surely would apply to business credit cards also.
You can read the article by clicking here.