Are you one of the consumers that has failed to claim credit card rewards?
Archive for April, 2008
Are you one of the consumers that has failed to claim credit card rewards?
By admin | April 28th, 2008 | FeaturedWhilst the global credit crunch has undoubtedly had an adverse effect on the credit card industry as well as other financial sectors, there are still many different types of credit cards available for consumers to choose from, with those that have good credit enjoying plenty of choice despite the effects of the credit squeeze. Many [...]
Cards preferred by British spenders
By admin | April 28th, 2008 | Credit CardsA recent report has shown that the majority of Brits prefer using plastic cards to money when it comes to making purchases, reflecting how reliant the nation has become when it comes to putting things on the plastic. Consumers were found to prefer credit and debit cards to make their purchases rather than carry cash [...]
MasterCard will have to stop cross border transaction fees
By admin | April 18th, 2008 | Credit CardsPayment card giant MasterCard is being forced to abolish its cross border transaction fees, which are charges on international transactions made on the MasterCard and Maestro credit and debit cards. The order has been issued by the European Competition Commissioner. The fees that are charged by the card company on cross border transactions can be [...]
Credit card companies getting tougher
By admin | April 16th, 2008 | GeneralCredit card companies across the UK are continuing to get tough in a bid to try and minimise on the risk of increasing bad debt levels. Over the past couple of months a number of credit card providers have increased a range of fees, charges, and rates in order to compensation for lost revenue, bad [...]
People continue to transfer balances
By admin | April 12th, 2008 | Balance Transfers, Credit CardsOver recent years the popularity of balance transfer credit cards amongst consumers in the UK has rocketed, with many people taking advantage of 0% offers in order to get rid of high interest credit card debt and enjoy interest free credit for a generous period of time, which has saved some borrowers a small fortune [...]
Christmas credit card spending set to fall
By admin | April 11th, 2008 | GeneralAccording to a recent report spending on credit cards over the Christmas period is set to fall, and this could see retailers take a real hit in terms of profit, as consumers try and rein in on their spending on credit cards over the festive season. The results of a recent survey indicate that around [...]
Many mortgage payments being made by credit card
By admin | April 3rd, 2008 | GeneralOver the past year more and more homeowners have found it increasingly difficult to meet their mortgage repayments, and this is partly the result of increasing interest rates. The base rate has gone up five times since August 2006, each time by 0.25%, and this has taken the base rate from 4.5% to 5.75%. many [...]
Brits become more dependant on credit cards
By admin | April 1st, 2008 | Credit Cards, GeneralA recent report has shown how many Brits have become increasingly dependant upon their credit cards, particularly given their strained financial situations and the difficulties that many are experiencing when it comes to getting other forms of credit. This increasing dependence on credit cards is likely to lead to spiralling debt levels, and there are [...]
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