Whilst many consumers have become addicted to using store cards in the UK over recent years, it seems that more and more people are realizing that store cards can be a very expensive method of getting credit not to mention more restrictive than using other forms of credit. Whilst many industry experts have warned consumers [...]
Many 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 [...]
A major High Street lender has said that it welcomes the recent crackdown on credit and store cards, following recent proposals that were put forward by the government.
Tags: interest payments, credit card interest, store cards
It has been revealed that consumers who have credit on store cards are going to be financially penalised, with providers charging those that are in credit with their accounts.
Tags: debenhams store card, santander, house of fraser store card, store card charges, store cards, mothercare store card
What would you choose, credit card or store card? Which one of these cards would be more beneficial to you? Which card has the best offers and the best value for money? Well, we intend to find out.
Credit Cards
So, what do credit cards have to offer? Depending on which credit card type and company you [...]
GE Money recently announced that it is reviewing the situation with regards to its role in the UK’s store card market, with a view to pulling out of the market if it is deemed unviable to continue. At present GE Money has over a 50% share in the store card market, and is responsible for [...]
Credit cards and store cards can prove convenient and very handy for those that have willpower and determination – the type of people that control their spending and repay their card balances in full each month so as to avoid interest charged, late fees, and other charges. However, for those of us that get carried [...]
Financial giant GE Money is said to be reviewing its role in the UK store card market, and according to reports the company may be looking at brining its involvement in the UK store card market to an end. GE Money has a monopoly in the UK store card market, with responsibility for over 50% [...]
It is likely that you have been in a store shopping when you were offered a store credit card. These offers are usually made by the cashier as you pay for your merchandise, and they may offer you a discount on your purchases if you choose to sign up. While the discount may sound like [...]
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
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
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
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
Over the past couple of years a rising number of Brits have started to rely on their credit cards more...
By Reno | December 31, 2011 | Read More