Despite the ongoing effects of the global credit crisis and the recent recession it appears that many consumers in the UK have forgotten their financial concerns and are hitting the High Street with a vengeance armed with their trusted flexible friends.
According to recently released figures there has been an increase in the number of people [...]
Whilst having access to a credit card provides convenience, ease, and flexibility for most people the charges, fees, and practices associated with credit cards have become a real concern over the years, prompting campaign groups and watchdogs to call for action to be taken, and resulting in the government launching a crackdown within the credit [...]
It was announced recently that the Bank of England base rate was being kept at its all time low level of 0.5 percent for the twelfth consecutive month, and this news will have been welcomed by many consumers who have been hoping that their borrowing costs would not rise. However, despite the all time low [...]
The rewards based credit card has become very popular over recent years, particularly amongst those that tend to repay their credit card balances in full each month, which enables them to enjoy clocking up rewards from the credit card provider without having this counteracted with interest payments that they have to make on their borrowing. [...]
According to recent reports many credit card customers that have cards with Capital One have been stung with huge increases on their interest rates after the company nearly doubled its rates for some of its credit card customers. The credit card giant is said to have blamed the hike on economic factors, and has increased [...]
Recently released figures have shown that credit card interest rates in the UK have reached a new high, despite the fact that the base interest rate in the UK has remained at a record low of just 0.5 percent since March of last year.
A number of proposals have been put forward recently to try and increase fairness for credit card customers, with the Department for Business Innovation and Skills making a number of proposals to try and protect consumers.
It has been suggested in a recent report that holidaymakers and those that travel abroad for any other reason could find that the best solution for making purchases and spending is a credit card.
Figures that were recently released have indicated that the level of defaults by consumers on credit cards and other forms of unsecured credit in the last quarter of last year was lower than had been expected.
According to recent reports July saw improvements when it came to credit card lending in the UK, which many believe...
By Reno | September 2, 2010 | Read More
Changes have been made to AA credit cards that are designed to help consumers to save money on interest. In...
By Reno | September 2, 2010 | Read More
It has been claimed that good deals on credit cards are being limited by credit card providers, and although many...
By Reno | August 30, 2010 | Read More
Many people these days have interest free credit cards, and this is because these cards can offer great value for...
By Reno | August 27, 2010 | Read More
It has been reported that banks and credit card providers are still viewing the possibility of defaults on credit card...
By Reno | August 27, 2010 | Read More