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Archive for July, 2008

Many people paying mortgage with their credit card

By admin | July 6th, 2008 | Featured

A credit card is something that most people in the past have used because it offers convenience, ease, security, and a fallback in case of financial emergencies. Many people use a credit card because they can earn rewards by spending on it, and others simply like the convenience and security of not having to carry [...]


Defaults on credit cards may rise

By admin | July 6th, 2008 | Credit Cards

There are concerns from some industry officials that default levels on credit cards amongst UK consumers could rise, with households already struggling to try and keep on top of debt and financial commitments, with many finding that their income no longer comes anywhere near covering their outgoings. With an increasing number of households being tipped [...]


Rise in credit card complaint levels

By admin | July 3rd, 2008 | Credit Cards

According to a recent report there has been a sharp rise in the level of credit card related complaints. Over the past year the level of complaints relating to various areas of credit cards has rocketed, according to officials, with a number of factors resulting in consumers making complaints. The figures come from the Financial [...]


Is the global credit crunch going to affect your lifestyle?

By admin | July 3rd, 2008 | Featured

Over recent months the financial headlines have been filled with doom and gloom about the global credit crunch, which made its way across the England from America last summer. The onset of the global credit crunch brought with it a wide range of problems in the financial markets, and the mortgage sector in particular has [...]


Is Britain prepared for the credit crunch?

By admin | July 2nd, 2008 | Featured

The global credit crunch made its way to the UK last summer, and since then has been wreaking havoc in the financial markets in the UK. Many industry officials have said that these effects are set to continue over the coming year and beyond, but just how prepared is Britain for the ongoing effects of [...]


More multiple credit card holders now in UK

By admin | July 2nd, 2008 | Credit Cards

A recent report has claimed that the number of credit card users with more than one credit card in the UK has been increasing. Officials claim that there has been a rise in the number of multiple cardholders in the UK. Officials are concerned that the number of people that are becoming reliant on credit [...]


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