This paper examines the increased use of credit cards for debt financing among startups. Credit cards are useful for startups because of their near-universal acceptance, accessibility and anonymity. But an increasing number of startups are relying exclusively on credit card debt for financing,...

This report uses data from the Kauffman Firm Survey (KFS) to study the credit card debt characteristics of new firms. It specifically investigates whether revolving credit card debt reduces a firm's probability of survival. More than half of all new firms rely on debt financing when starting...

This paper examines the impact of financial deregulation on entrepreneurship. We assess the impact of credit card deregulation on transitions into self-employment using state-level removal of credit card interest rate ceilings following the US Supreme Court’s 1978 Marquette decision as a...