Consumers in the UK are being urged to query any unexplained increases in their credit card fees or interest rates, after industry officials highlighted how many credit card companies were increasing fees and interest rates on credit cards for no reason and without any explanation.
Tags: Credit Cards, credit card interest rates, [...]
A major High Street lender has said that it welcomes the recent crackdown on credit and store cards, following recent proposals that were put forward by the government.
Tags: credit card interest, store cards, interest payments
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 [...]
According to a recent report an increasing number of credit card companies in the UK are trying to attract customers by offering a range of incentives that even include free flights.
Tags: bmi credit card, amazon credit card, credit card incentives, flybe credit card, ryanair credit card
Although most people are aware that the interest rates, terms, and benefits of credit cards can vary from provider to provider and from card to card it has been revealed that many credit card customers are still afraid to shop around for the best deal.
Tags: credit card users, shop around
Recently released figures have shown that in September the amount of money that Brits borrowed on their credit cards fell to its lowest level in nine months, with many continuing to aim to pay off debts rather than accrue further debt in the ongoing difficult financial climate.
Tags: credit card use, credit card borrowing [...]
It has been claimed in a recent report that recent proposals that were put forward by the government with regards to regulation of the credit card industry could actually end up having an adverse effect on consumers, and could ‘tip them over the edge’.
Many credit card firms have increased credit card interest rates for customers without any explanation or reason in a bid to make more money from the consumer.
Tags: credit card fees, credit card charges
In the current climate a rising number of borrowers with credit card debts are struggling to make repayments on the debt due to their financial circumstances, and there is one company that has been operating by buying the debts off the consumer and then getting out of paying it to the lender by making legal [...]
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.
Tags: credit card costs, Credit Cards
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