All Posts Tagged With: "credit card"
Barclays accused of trying to get consumers to get deeper into debt
Barclays Bank has been at the centre of fresh controversy recently after being accused of encouraging consumers to get even further into credit card debt. Credit card debt levels in the UK are already through the roof, and experts feel that the introduction of a new card from Barclays, which is due to be put [...]
17Jun2008 | admin | 0 comments | Continued
MP expressed concerns over credit card withdrawals
Following the controversial decision by Internet lending giant Egg to withdraw the credit cards of over 160,000 customers an MP has expressed concern than banks are simply taking credit cards from those that do not earn them enough money in profits and handing them out to those that have to pay a high amount of [...]
14Jun2008 | admin | 1 comment | Continued
Decrease in capped balance transfer cards
Balance transfer cards have enjoyed enormous popularity over recent years, and this is because they enable consumers to save a fortune in interest by transferring their balances from high interest credit cards onto the balance transfer card, which offers a period of interest free or low interest credit on the transferred balance depending on which [...]
6Jun2008 | admin | 2 comments | Continued
Egg continues to cause upset
Over recent weeks many Egg customers have been upset and outraged after Egg officials decided to close the credit card accounts of around 161,000 customers, claiming that the credit profiles of the customers affected had deteriorated since the originally opened their credit card accounts. This was angrily disputed by many of the customers who had [...]
4Jun2008 | admin | 0 comments | Continued
OFT to launch website to compare credit cards
The office of Fair Trading has announced that it will be launching a website that will enable consumers to compare different credit cards in order to find the card that offer them best value for money based on their needs and circumstances. Like other price comparison sites, consumers will be able to access the website, [...]
3Jun2008 | admin | 0 comments | Continued
Barclays boss becomes victim of identity fraud
The chairman of Barclays bank has become the victim of identity fraud and theft because of a lack of checks that staff at his own bank failed to carry out. A fraudster managed to pose as the Barclays boss, Marcus Agius, and tricked employees from the bank’s credit card division into sending out a new [...]
29May2008 | admin | 0 comments | Continued
Airline launches credit card
Budget airline Easyjet, which has become well known as a result of the television documentary Airline, has decided to launch its own credit card, which will provide consumers with the convenience and ease of credit card use whilst enabling them to earn rewards towards their regular travel. The card is targeted towards those that tend [...]
27May2008 | admin | 0 comments | Continued
Are you still paying off Christmas debt from last year?
At this time of year, with Christmas, New Year, and January sales just around the corner, millions of people are getting set to spend a fortune, and inevitably this means that many people will end up with high levels of debt once the festive season has come to an end. For some people this is [...]
22May2008 | admin | 0 comments | Continued
Credit card customers urged to take action over rising costs
The high levels of bad credit card debt in the UK coupled with the effects of the credit crunch that has taken hold in the UK has resulted in a number of credit card providers hiking up various fees and charges over the past couple of months, with over 130 rate and fee hikes reported. [...]
21May2008 | admin | 0 comments | Continued
New card available from Abbey
Spanish owned High Street bank, the Abbey, has recently launched a new credit card that could prove to be of interest to a number of people looking to save money on their credit card spending. The card eliminates a wide range of fees for a fixed period of time, and could prove valuable to those [...]
10May2008 | admin | 0 comments | Continued
It is also wise to take care when withdrawing money from the ATM, had a friend that recently had his ...