AA credit card makes changes in consumers’ favour
Posts Tagged ‘debt’
AA credit card makes changes in consumers’ favour
By Reno | September 2nd, 2010 | GeneralChanges have been made to AA credit cards that are designed to help consumers to save money on interest. In the past credit card providers have used repayments made by cardholder to pay off the cheapest credit first, which has left higher interest balances to accrue interest. This is something that caused a lot of [...]
Don’t lose your interest free facility on your credit card
By Reno | August 27th, 2010 | Balance Transfers, FeaturedMany people these days have interest free credit cards, and this is because these cards can offer great value for money in terms of saving consumers money on the amount that they pay on their borrowing. There are different types of interest free credit cards, including interest free balance transfer credit cards and interest free [...]
Penalties may be severe for credit card late payers
By Reno | August 25th, 2010 | GeneralWhilst most credit card users now realise that if they make a late payment or miss a payment on their credit card debt they will be hit with a late or missed payment charge many may not be aware of the full severity of the penalties that they may face if this happens.
According to a [...]
Credit card provider advises consumers to clear debt
By Reno | July 9th, 2010 | GeneralA UK credit card provider is advising consumers to ensure that they clear their debts if they have concerns over the security of their jobs. Officials from the credit card provider and bank Vanquis have said that it could prove beneficial for those that are concerned about their jobs to clear their debts as quickly [...]
Holidaymakers prepared to get themselves into debt
By Reno | July 9th, 2010 | GeneralA recent report has shown that holidaymakers in the UK are prepared to get themselves into debt simply so that they can get away on a summer break. It is reported that millions of people are set to get themselves into debt or in some cases even further into debt just so that they can [...]
Many have to seek help after building up credit card debt
By Reno | June 25th, 2010 | GeneralOver the past couple of years many people have become increasingly reliant on their credit cards in order to fund day to day purchases in some cases, and this has resulted in many people building up hefty credit cards debts that they simply cannot afford to make repayments on.
In the years leading up to the [...]
MBNA shakes up credit card market
By Reno | June 3rd, 2010 | GeneralCredit card giant MBNA has shaken up the credit card market by making changes to it allocation of repayments, according to recent reports. The move from MBNA comes after the release of new guidelines that would make credit card firms put repayments towards the most expensive debt first. However, MBNA is putting its new rules [...]
Increase in availability of interest free credit cards
By admin | March 13th, 2010 | Balance TransfersA recent report has claimed that the number of interest free balance transfer credit cards is on the increase, with lenders now competing to help consumers to clear their debts as cheaply as possible.
Lower than expected defaults on credit cards and other borrowing
By admin | February 22nd, 2010 | Credit CardsFigures that were recently released have indicated that the level of defaults by consumers on credit cards and other forms of unsecured credit in the last quarter of last year was lower than had been expected.
High earners to be targeted by credit card firms
By admin | December 20th, 2009 | Credit CardsIn days gone by credit card firms used to be focussed on offering credit to higher earners, leaving those on lower incomes out in the cold. However, over the past decade, up until a couple of years ago when the global credit crunch hit, credit was being offered to all sorts of people from low [...]
Other Recent Articles
Improvements to credit card lending
According to recent reports July saw improvements when it came to credit card lending in the UK, which many believe...
By Reno | September 2, 2010 | Read More
Good deals being limited by credit card providers
It has been claimed that good deals on credit cards are being limited by credit card providers, and although many...
By Reno | August 30, 2010 | Read More
Don’t lose your interest free facility on your credit card
Many people these days have interest free credit cards, and this is because these cards can offer great value for...
By Reno | August 27, 2010 | Read More
Default on credit card debt still big risk
It has been reported that banks and credit card providers are still viewing the possibility of defaults on credit card...
By Reno | August 27, 2010 | Read More
Penalties may be severe for credit card late payers
Whilst most credit card users now realise that if they make a late payment or miss a payment on their...
By Reno | August 25, 2010 | Read More