Credit card debt levels increased in April
Posts Tagged ‘credit card debt’
Credit card debt levels increased in April
By admin | June 25th, 2009 | Credit CardsRecent figures released by the Bank of England have indicated that the level of credit card debt in April of this year actually increased, despite the fact that consumers are said to be cutting back on spending, trying to reduce debt levels, and finding credit conditions increasingly difficult.
Overdrafts being put onto credit cards by many consumers
By admin | May 25th, 2009 | Credit CardsAccording to recently released industry figures an increasing number of people are putting their overdraft debt onto their credit cards to try and weather the difficult financial climate.
Nationwide wants UK to follow US with credit card regulations
By admin | May 3rd, 2009 | Credit CardsLeading UK building society, Nationwide, has recently said that the UK needs to follow in the footsteps of the United States when it comes to credit card regulations relating to the allocation of repayments.
Continued rise in UK credit card defaults
By admin | April 28th, 2009 | Credit CardsAccording to a recent report the level of defaults on credit card debt in the UK is continuing to rise, with a rising number of people finding that the financial crisis and the recession are leaving them unable to keep on top of their credit card and other financial commitments.
UK consumers get further into debt with credit cards
By admin | April 14th, 2009 | Credit CardsAccording to a recent report many consumers in the UK are getting themselves further and further into debt on their credit cards, with the value of interest payments on credit cards said to have now reached the £9 billion mark.
Which credit card will get you through the New Year financial hangover?
By admin | March 2nd, 2009 | FeaturedWith January now over many of us will have received our credit card bills from the Christmas and New Year periods, and whilst this will not prove a problem for the lucky ones that can afford to repay the balance in full on their cards for many others panic may be setting in.
Credit card firms will have to be fairer with consumers
By admin | February 12th, 2009 | Credit CardsOver recent weeks credit card firms in the UK have agreed with government officials that they will bring in increased measures to ensure that credit card customers are treated more fairly.
Consumers advised on post Christmas credit cards
By admin | January 29th, 2009 | Credit CardsConsumers in the UK are being advised to find the right credit card to help them to get over their financial hangover from Christmas, with many having given their existing credit cards a good battering over the festive season.
Credit card debt could mean losing your home
By admin | January 5th, 2009 | Credit CardsAccording to recent reports some people that have credit card debt that they cannot afford to repay could end up losing their homes over the debt, even if the balance is only as small as one thousand pounds. Industry experts have said that some people could be forced to sell their homes to pay off [...]
Start looking for balance transfer cards for New Year financial hangover
By admin | January 2nd, 2009 | Balance TransfersEvery 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. [...]
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