Credit 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 [...]
Government and industry officials have expressed a great deal of concern with regards to the credit card cheques that many credit card providers send out to customers, even in cases where they have not been requested. Many people receive these cheques and fail to understand how they work, which can be misleading.
Concerns about the credit [...]
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