Credit cards play a big part in many people’s everyday lives and used well and responsibly, they can be useful and efficient tools. But all too often, they can become dangerous. Some people build up large balances, which attract high interest rates and become ever harder to repay. To avoid this scenario, there are some basic guidelines that everyone can follow to make the most of credit cards and work them to their advantage. Firstly, choose the right card by comparing credit cards at MoneySupermarket.com. Don’t be distracted by special offers and gimmicks and check the underlying interest rate (the APR) instead. Some...
By admin | November 17, 2012 | Read More
Most of us are well aware of just how convenience and flexible it can be to use a credit card to make purchases. However, the global credit crunch has changed our spending habits in many ways, and quite rightly many of us are now nervous about using our credit cards and getting into debt unless there is a real need to do so. As a result of this many people are simply deciding to put their credit cards to one side and use them only in an emergency. For some lucky people a financial emergency that warrants the use of their...
By admin | November 23, 2009 | Read More
In the past credit card companies have raised customers’ credit limits unbeknownst to them, sent them checks they can use to transfer balances and have charge exorbitant interest rates on balances. This is about to come to an end with the plans the UK government has in place to crack down on the ruses used by these companies that lead to consumers going farther into debt. The practices of the companies have come under criticism in the past and with the many critics of the policies they use, the government is starting to pay attention to the complaints of consumers. Cliff...
By admin | November 10, 2009 | Read More
With the government clamp down on the credit card industry in the last months, credit card companies are poised to charge an annual fee for the cards in order to recoup some of the losses that they have incurred. The Internet bank EGG recently released a new credit card that had an annual fee of £12. It gave indications that other banks are set to follow suit. Peter Harrison of the price comparison site Moneysupermarket.com, said that right now Egg is the only credit card company to issue a card with an annual fee, but this is likely just the “tip...
By admin | July 26, 2009 | Read More
Since the credit crunch began to bite, the overall number of 0% balance transfer offers has dropped dramatically. ‘Credit card tarts’ are finding it more difficult to find good deals out there. Not only are there fewer providers offering the deal, but the deal terms are getting shorter on average. Also, nowadays there is no such thing as a fee-free balance transfer. Average fee tends to be around 3% which is added on to the debt. In real terms, this equates to an interest rate of 5.7%. So it isn’t really no-interest, but low-interest, with transfer fees subsidising the cost...
By admin | July 24, 2009 | Read More
Being a student right now isn’t very easy, given the tuition fee rise and the general malaise that comes with economic depression. Having a student bank account is essential for survival at university, as this article aims to show you. Figuring out which the best student bank account is when you get to university should be one of your top priorities. This article goes over some of the benefits and advantages of having a student bank account and how it can help you avoid debt. What’s so special about a student account? The main difference between a...
By admin | May 10, 2013 | Read More
When you register online to use any reputable gaming site, the chances are that you will need to provide proof of your identity. The most common way of proving you are who you say you are is by giving your credit card details. All Gambling Commission licence holders employ stringent customer identification policies and procedures to ensure that customers are over the legal gambling age and to guard against fraud. You can still play games for free and no money will be withdrawn from your account until...
By admin | April 5, 2013 | Read More
Credit cards play a big part in many people’s everyday lives and used well and responsibly, they can be useful and efficient tools. But all too often, they can become dangerous. Some people build up large balances, which attract high interest rates and become ever harder to repay. To avoid this scenario, there are some basic guidelines that everyone can follow to make the most of credit cards and work them to their advantage. Firstly, choose the right card by comparing credit cards at MoneySupermarket.com. Don’t be distracted by special offers and gimmicks and check the underlying interest rate (the APR) instead. Some...
By admin | November 17, 2012 | Read More
Are you someone who had the habit of whipping your plastics while making every single purchase? If answered yes, you must be drowning in a sea of debt that you can’t pay off with your own resources. Most of the Americans are drowning in a sea of debt and therefore they’re looking for ways in which they can delete their fiscal woes. Instead of getting help from the professional debt relief companies, it is certainly better to take some debt free steps on your own. Here are some steps that you can take on your own in order to repay your debt...
By admin | June 6, 2012 | Read More

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By J. Kenny | August 28th, 2008