Archive for June, 2008

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Credit card firms try to tempt consumers into expensive cash withdrawals

As if households in the UK haven’t got it hard enough when it comes to their finances, it appears that some credit card firms are playing on the financial instability of their customers by trying to entice them into taking out cash from a cash point using their credit card. The credit card providers lead [...]

30Jun2008 | admin | 0 comments | Continued
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Are price comparison sites likely to get you the best deal?

Over the past couple of years many different price comparison websites have sprung up all over the Internet, claiming to provide speed, ease, and convenience for those looking for the best deals on a wide range of products and services. You can purchase all sorts of products and services through price comparison sites these days, [...]

29Jun2008 | admin | 0 comments | Continued
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Good credit card payers being penalised by credit card firms

Many consumers that use their credit cards regularly, repay the balance in a timely and responsible manner, and are not knee deep in debt, are being penalised by credit card companies according to a recent report. The report suggests that credit card companies are penalising good paying customers because they are not generating enough profit [...]

29Jun2008 | admin | 0 comments | Continued
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Report issued on identity theft statistics

A recent report has been issues detailing statistics relating to the risks of identity theft. This comes at a time when many consumers are in fear over the safety of their personal data, with data loss blunders from banks and government agencies fuelling concerns over the risks of identity theft. The data comes from the [...]

27Jun2008 | admin | 0 comments | Continued
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Get your card provider to cut your interest rate

An industry official has suggested that many customers could be paying for too much interest on their credit cards, stating that credit card companies have failed to cut the interest rate on cards despite three recent cuts in the base rate from the Bank of England. In fact, industry experts state that credit card companies [...]

27Jun2008 | admin | 0 comments | Continued
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Why is Barclaycard trying to increase consumers’ financial woes?

Over recent months the situation for many households has become increasingly worse, with increased bills, living costs, and mortgage repayments impacting on finances, with the situation being made even worse by tight credit conditions and increasingly expensive borrowing. The global credit crunch has had a profound impact on the financial industry, making things difficult for [...]

26Jun2008 | admin | 0 comments | Continued
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Cheque use in UK continues to decline

Recent reports have shown how the use of cheques in the UK is continuing to decline, further fuelled by a number of leading retailers now placing a ban on the use of cheques, branding them time consuming and costly to process given the reduced popularity of cheques as a method of payment. Paying by cheque [...]

24Jun2008 | admin | 0 comments | Continued
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Are you a Rate Tart?

A dozen in five years
Rate tarts: people who change credit cards at the ‘drop of a hat’ to take advantage of extremely low interest, or interest free, periods on different cards.
To notch up a dozen or so cards in the space of say, five years, is common. A rate tart could be swapping cards [...]

23Jun2008 | admin | 0 comments | Continued
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Rejected Credit Card Applications - What Now?

Most of us know how it feels to be rejected for credit. There is hardly anyone out there who has not, at some point been rejected, and most of us still are for a good proportion of what we apply to.
It’s nothing to be ashamed of, applying for credit is just one of those things [...]

23Jun2008 | admin | 0 comments | Continued
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Useful Tips on Avoiding ID Theft

It has been said many times before but the saying is particularly true in this case the saying is most definitely true. Prevention IS better that cure.
We will try to explain the cause and effect of the heinous crime and hopefully give you some tips on how to avoid being caught in the identity theft [...]

23Jun2008 | admin | 0 comments | Continued