According to a recent report millions of people in the UK have seen their credit card limits cut as a result of credit card companies doing their best claw back money in the current financial climate.
Tags: credit card limits, credit card companies
Credit card issuers have recently been given an ultimatum by the government with regards to the charges, fees, and interest rates that they are charging consumers. Government officials have said that credit card firms need to take action and make things fairer for borrowers otherwise they will have to intervene to ensure that this gets [...]
The Prime Minister, Gordon Brown, has issued a warning to credit card firms in the UK, telling them that they must stop fleecing credit card consumers in the current financial climate, where money is tight and many are struggling to keep up with their financial commitments. The state of household finances has had a severe [...]
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