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.
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 [...]
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.
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.
One of the most unsavory entries you can see on your month-end credit card statement is a credit card penalty fee. Why? Because, along with being charged a high rate of interest on the penalty, the fee is totally unnecessary if you manage your debt repayment properly.
Nonetheless, with many of us having numerous creditors to [...]
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
It has been suggested in a recent report that holidaymakers and those that travel abroad for any other reason could...
By admin | February 25, 2010 | Read More