Consumers steering clear of store cards
Posts Tagged ‘interest rate’
Consumers steering clear of store cards
By Reno | April 4th, 2011 | GeneralIt has been revealed that many consumers are now steering clear of store cards and sticking to credit cards because of the higher rates of interest that are charged on store cards. Many officials have spent years urging consumers to be wary of store cards because of the extortionate rates of interest that are charged [...]
Don’t get talked into a high rate credit card
By Reno | February 10th, 2011 | Featured, GeneralIt has recently been announced that credit card rates have reached their highest in thirteen years, even though the base interest rate remains at its all time low of 0.5 percent, where it has been for nearly two years. Many borrowers may have thought that this would equate to more affordable borrowing on credit cards [...]
Mixed news for credit card deals
By Reno | January 24th, 2011 | GeneralThere has been both good and bad news for consumers that are looking for affordable credit card deals over recent years, it has been revealed. Credit cards have become increasingly popular over the years, with more and more people using them not just for luxury purchases and emergencies but also for everyday purchases. Over recent [...]
Ways to cut your credit card interest rate
By Reno | November 29th, 2010 | Balance Transfers, FeaturedAs most people know credit card interest rates have really spiralled out of control over recent years, and whilst the base interest rate has been at an all time low of just 0.5 percent for nearly two years now interest rates on credit cards are still sky high, resulting in many people paying a fortune [...]
Five common credit card mistakes
By Reno | November 20th, 2010 | Featured, GeneralHaving a credit card provides ease, convenience, and flexibility for consumers, but in order to make the most of credit cards it is important to use them properly. There are a number of common mistakes that are made when it comes to credit cards, and this can make using a credit card more costly or [...]
Report shows families under financial strain
By admin | July 30th, 2008 | GeneralA recent study that was conducted by the Centre for Policy Studies has shown that many families in the UK are still under considerable financial strain. Taxes, bills, and living costs have risen far more quickly than wages, and this has made it difficult for consumers to stretch their monthly income as far as it [...]
Get your card provider to cut your interest rate
By admin | June 27th, 2008 | Credit CardsAn industry official has suggested that many customers could be paying for too much interest on their credit cards, stating that credit card companies have failed to cut the interest rate on cards despite three recent cuts in the base rate from the Bank of England. In fact, industry experts state that credit card companies [...]
Barclays accused of trying to get consumers to get deeper into debt
By admin | June 17th, 2008 | Credit Cards, GeneralBarclays 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 [...]
Credit card customers urged to take action over rising costs
By admin | May 21st, 2008 | Credit CardsThe 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. [...]
Christmas credit card spending set to fall
By admin | April 11th, 2008 | GeneralAccording to a recent report spending on credit cards over the Christmas period is set to fall, and this could see retailers take a real hit in terms of profit, as consumers try and rein in on their spending on credit cards over the festive season. The results of a recent survey indicate that around [...]
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For many years now, a range of leading and well known charities have been able to boost the levels of...
By Reno | January 28, 2012 | Read More
Many have to rely on credit cards to make ends meet
There was a time when people had credit cards to enable them to pay for occasional larger, more expensive items...
By Reno | January 26, 2012 | Read More
Brits increasingly dissatisfied with credit card providers
According to recent reports, Brits are becoming increasingly dissatisfied with their credit card providers, particularly in the case of the...
By Reno | January 20, 2012 | Read More
Now is the time to look for a good credit card deal
Over the next couple of weeks many people who shopped till they dropped over the Christmas and sales periods will...
By Reno | January 10, 2012 | Read More