Increase in credit card write offs by banks
Posts Tagged ‘interest rates’
Increase in credit card write offs by banks
By Reno | June 25th, 2010 | GeneralAccording to a recent report there has been an increase in the number of credit card related write offs by UK banks and other UK financial institutions. Figures have been released by the Bank of England, showing that in the first three months of the year the level of credit card write offs by banks [...]
Get a 0 percent purchase card for the summer
By Reno | June 21st, 2010 | Featured, GeneralThe summer holidays are now just around the corner, and many parents will already be filled with a sense of dread as they realise that they have to keep the kids entertained for weeks on end. Whilst there are many activities and pastimes that do not necessarily cost money most parents are well aware that [...]
Many still paying bills on credit cards
By Reno | June 3rd, 2010 | GeneralOver the past couple of years a rising number of consumers have turned to their credit cards in order to pay for essentials such as food, bills, everyday necessities, and even mortgage or rent payments. The global financial crisis and the recession resulted in many people struggling to make ends meet financially, which is why [...]
Consumers advised to use interest free credit cards this summer
By Reno | May 27th, 2010 | GeneralThere are many different credit cards that consumers can use these days, and the choice of cards caters for a wide range of needs and circumstances. With summer just around the corner many people may be looking at using their credit cards to fund their holiday spending or to finance keeping the kids entertained over [...]
Cap to be placed on credit card interest rates
By Reno | May 22nd, 2010 | GeneralAccording to recent reports credit card providers could be forced to cap their interest rates as a result of new plans being looked at by the coalition government. Over recent years there has been a lot of controversy over the astonishing rates of interest that some credit card providers are charging compared to the rock [...]
Transfer your credit card balance and save £££
By Reno | May 14th, 2010 | Balance Transfers, FeaturedWhilst many credit card holders in the UK are lucky – or astute – enough to be able to repay their balance on their credit cards in full each month there are many others that simply cannot afford to do this, particularly if there has been a change in their personal circumstances such as a [...]
Improvements made to credit card from AA
By Reno | May 14th, 2010 | GeneralFinding the right credit card is very important these days, and those that end up with a credit card that is not ideally suited to their spending and repayment habits often end up paying way over the odds on their borrowing. The credit card market is competitive, and for those that take the time to [...]
Consumers should aim to pay off credit card balance in full
By Reno | May 13th, 2010 | GeneralMany people these days have at least one credit card, and these pieces of plastic can provide us with ease, convenience, security, and flexibility. However, many people go about using and repaying their credit card the wrong way, and this can end up costing them a fortune.
One industry expert, Andrew Hagger, has recently highlighted how [...]
Consumers should opt for credit cards over store cards
By Reno | May 10th, 2010 | GeneralMany shoppers will know how easy it can be to be talked into taking out a store card when shopping in branches of many High Street retailers, and in many cases store employees will use offers of discounts and special deals to try and get the customers to sign up for a store card.
However, a [...]
Ways to cut back on credit card interest
By admin | May 7th, 2010 | FeaturedMany credit card users in the UK will know just how crippling the cost of paying interest on an outstanding balance can be, and even though the Bank of England base rate has been at an all time low of 0.5 percent for a year now the interest rates on many credit cards seem to [...]
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