Every year many of us go through the all too familiar process of trying to get over the financial hangover from Christmas, and this year this could prove to be a particularly harrowing time as a result of the ongoing global credit crunch and the recession, which is making finances even tighter for most people. [...]
Industry experts have stated that many consumers could benefit from transferring their balances from high interest credit cards onto 0% balance transfer credit cards in the run up to Christmas, which could potentially save them a small fortune in interest at a time when finances may be tight. According to officials from APACS, the payment [...]
According to recent reports the fees charges on balance transfer credit cards could be set to fall in the future, as lenders try and battle it out to increase custom by using a new form of incentive. In the past the incentives have included the headline interest rate and freebies for new customers. However, with [...]
According to a recent report a hike in credit card costs could become a reality for many cardholders in the UK, with many people finding that their interest free credit card periods are due to come to an end. A huge number of people have been taking out 0% balance transfer credit cards in order [...]
Over recent months officials have been warning consumers about the problems that have become associated with 0% balance transfer credit cards, which have become very popular over recent years. Many people use 0% balance transfer cards to transfer balances from existing high interest cards, enabling them to them repay the combined balance over a period [...]
Most borrowers in the UK have become used to having to accept borrowing costs and interest rates without question when taking out finance, and therefore when credit card providers push up the borrowing costs and interest rates on our credit cards many of us don’t take any action but simply make the higher repayments. However, [...]
Many credit card users have benefited from balance transfer credit cards over recent years, as these credit cards have enabled savvy consumers to save a fortune on interest on their credit cards debts. Most standard credit cards charge very high rates of interest, and those that do not pay their balances off in full each [...]
A financial industry professional has commented on the recently launched Zero credit card from high street bank, Abbey, stating that whilst the card offers a range of valuable benefits and money saving features, and will certainly benefit many consumers, there are other consumers that may find that an alternative card is more suitable despite the [...]
The global credit crunch that swept across the nation last summer has had long term adverse effects in all areas of the money markets, and consumers looking for good deals on loans, mortgages, and credit cards have seen their choices – and their chances – dwindle fast over recent months. A recent report has suggested [...]
Like other financial sectors in the UK the credit card market has suffered since the onset of the global credit crunch, which swept across the nation last summer squeezing the life out of the financial industry. Whilst the worst hit area seems to be the mortgage sector, the credit card sector has not escaped unscathed, [...]
For many years now, a range of leading and well known charities have been able to boost the levels of...
By Reno | January 28, 2012 | Read More
There was a time when people had credit cards to enable them to pay for occasional larger, more expensive items...
By Reno | January 26, 2012 | Read More
According to recent reports, Brits are becoming increasingly dissatisfied with their credit card providers, particularly in the case of the...
By Reno | January 20, 2012 | Read More
Over the next couple of weeks many people who shopped till they dropped over the Christmas and sales periods will...
By Reno | January 10, 2012 | Read More
Over the past couple of years a rising number of Brits have started to rely on their credit cards more...
By Reno | December 31, 2011 | Read More