Credit card provider slated over enticing customers to get into debt
Archive for January, 2009
Credit card provider slated over enticing customers to get into debt
By admin | January 31st, 2009 | Credit CardsA credit card company was recently slated by industry officials for trying to encourage customers to take out cash on their credit cards in the run up to Christmas.
Consumers advised on post Christmas credit cards
By admin | January 29th, 2009 | Credit CardsConsumers in the UK are being advised to find the right credit card to help them to get over their financial hangover from Christmas, with many having given their existing credit cards a good battering over the festive season.
AMEX interest rate rockets
By admin | January 27th, 2009 | Cash Back & RewardsRecent reports have shown that one major credit card provider has increased the interest rate on one of its credit cards to over thirty times the base interest rate, charging a massive 46 percent APR on the card.
American Express Doubles Some Card Repayments
By admin | January 25th, 2009 | Balance TransfersA major credit card provider is said to have secretly doubled monthly repayments for its customers according to a recent report.
Banks to provide detailed data over credit card customers
By admin | January 23rd, 2009 | Balance TransfersMany people that are hoping to keep switching credit cards this year in order to try and save money on interest may be in line for bad news, as it is likely that lenders will be increasingly rejecting applications as a result of a new process that has been put in place.
Credit card applications set to rise
By admin | January 21st, 2009 | Credit CardsAccording to industry officials the number of credit card applications over the month of January are set to increase, as a rising number of people try and switch their cards in order to cut back on the interest that they have to pay on the balance that they have accrued over the Christmas period.
Credit card applications soared in November
By admin | January 19th, 2009 | Credit CardsAccording to recently released figures there was a surge in credit card applications for the month of November, as consumers rushed to try and get their hands on a credit card in time for their Christmas spending.
Credit card firms will be fairer with consumers
By admin | January 17th, 2009 | FeaturedOver the past couple of years financial regulators and watchdogs in the UK have received high levels of complaints from consumers relating to credit cards, and over recent months concerns about how fairly credit card companies are treating consumers have been brought into the limelight.
Credit card fraud could be tackled by state of the art card
By admin | January 16th, 2009 | Credit CardsAccording to a recent report a new state of the art credit card that is due to be trialled in the UK next year could help to minimise on credit card fraud. Many people use credit cards to make online purchases these days, and there are concerns that many of those using their cards to [...]
Credit cards to be used instead of cheques by elderly
By admin | January 16th, 2009 | Credit CardsA recent report has suggested that many elderly people will turn to credit cards to make their various transactions once cheques are phased out. Saga Magazine has stated that whilst many industry officials have expressed concern over how elderly consumers will cope with cheques are phased out in the UK most are more than capable [...]
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By admin | March 1, 2010 | Read More
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