With a consumer white paper released to aiming to protect consumers by curbing reckless borrowing and spending, and a white paper designed to protect Britain from a repeat of the current financial crises with tougher legislation for banks, it seems the Government is finally recognising the need to rein in on sneaky, unfair tactics used [...]
Credit card companies charge a high rate of interest when you have an outstanding balance on your credit card. This interest is often a small amount less than the minimum payment each month so that you are paying very little on the debt each month.
Credit card debt is one of the leading causes of people getting into financial difficulty causing them great stress and worry about how they are going to manage to make their payments.
Many people do not realize that they have damaged credit until they have been turned down for loans and other credit as a result of a low score.
There is little doubt that over the last couple of years getting finance of any sort or description has become increasingly difficult for most consumers, even those that have previously experienced no problems in getting credit, and this includes getting credit card finance.
Fraudsters that steal your identity lurk in places where you would never expect to find them. These thieves can’t be seen and you only know that you have become an identity theft victim when you receive your banking statement or your credit card bill.
As many people already know identity theft is becoming a major problem and is already costing the UK close to £2 billion a year. Whilst consumers have become more aware of the dangers of certain actions that could increase the risk of identity theft, fraudsters have started using increasingly sophisticated technology in order to get [...]
These days, in the current financial climate, getting credit can be very difficult for many people, and there are a number of common factors that can play a big part in whether or not you are accepted for the credit that you apply for.
Anyone that has previously had, or still has, bad credit will know that once your credit rating has plummeted it can be extremely difficult to get further credit.
For many people the thought of shopping online has become something of a daunting and nerve-racking one, not because they don’t know what they are doing online but because of the sophisticated means by which fraudsters have started to carry out credit and debit card fraud.
A recent report has claimed that the number of interest free balance transfer credit cards is on the increase, with...
By admin | March 13, 2010 | Read More
The rewards based credit card has become very popular over recent years, particularly amongst those that tend to repay their...
By admin | March 9, 2010 | Read More
According to recent reports many credit card customers that have cards with Capital One have been stung with huge increases...
By admin | March 5, 2010 | Read More
Recently released figures have shown that credit card interest rates in the UK have reached a new high, despite the...
By admin | March 3, 2010 | Read More
A number of proposals have been put forward recently to try and increase fairness for credit card customers, with the...
By admin | March 1, 2010 | Read More