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 card charges, Credit Cards, credit [...]
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 [...]
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
Although the base interest rate has plummeted to its lowest level in the history of the Bank of England, standing at just 0.5 percent, it has been reported that some credit card providers have continues to increase their fees and rates, resulting in cardholders having to pay over the odds for their credit card borrowing [...]
Whilst many credit card customers may expect to pay fees and annual charges for having a credit card facility that they regularly use, it now seems that one credit card giant is planning to make money out of cardholders that do not use their credit cards.
Tags: american express, credit card charges, [...]
In the current financial climate many credit card customers have missed repayments on their credit card debt, and for customers of one credit card giant this could turn out to be a very costly mistake.
Tags: credit card charges, american express
According to an industry official many young families in the UK need to be more careful about reaching for their credit cards whenever they need financial back up, as the rates that credit card companies are charging many of them could leave them facing crippling debt that they are unable to keep on top of. [...]
There are concerns that a rising number of credit card firms could start introducing annual or monthly fees for their credit card customers in order to make up for lost revenue resulting from government and regulatory crackdowns.
Tags: credit card fees, annual fees, credit card charges
It was announced several weeks ago that the financial giant Nationwide was planning to hike up the fees charged on its credit cards when used abroad by customers.
Tags: credit card fees, credit card charges, Credit Cards, nationwide credit cards, credit card foreign usage fees
According to a recent report many credit card providers are continuing to find ways to fleece their customers financially, despite pledging to act more fairly following calls from government officials and campaigners.
Tags: credit card charges, credit card interest rates
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