|
Consumers need to sort credit card debts out in New Year (31. 12. 2007)
As the festive season draws to an end for this year people are being urged not to forget their finances in January. Read the full story »
|
|
MasterCard will have to scrap cross border fees (24. 12. 2007)
Finance giant MasterCard has been told by European watchdog that it must stop the inflated charges made to European retailers for accepting foreign card payments. Read the full story »
|
|
Watch out for credit card fees if you go abroad over the festive season (17. 12. 2007)
The Post Office is urging consumers to bear in mind the high cost of many credit card fees when using them abroad. The Post Office are but one of a few lenders to offer commission free use abroad. Read the full story »
|
|
Co-op under fire again for cutting credit card limits (10. 12. 2007)
How ethical the Co-operative Bank is has come under scrunity this week as they cut the credit limits of many of their cardholders. Read the full story »
|
|
Credit card providers tightened up on lending (28. 11. 2007)
Credit card providers across the UK have really tightened up on lending over the past couple of months in light of the turmoil that has hit the financial sector as the result of the credit crunch. Read the full story »
|
|
Credit crunch results in increased card fees and charges (19. 11. 2007)
Credit card users in the UK have started to feel the effects of the credit crunch, as lenders hike up an array of rates and charges as well as rejecting an increasing number of applications. Read the full story »
|
|
Christmas sparks a cash back war (12. 11. 2007)
As Christmas and the New Year approaches it seems that a cash back war has broken out amongst credit card providers, with a number of lenders vying for the custom of anyone planning to put Christmas on plastic by offering high cash back rates during the festive season. Read the full story »
|
|
House of Lords rules on credit card protection (5. 11. 2007)
The House of Lords has recently upheld a decision made by the Appeal Court earlier this year in relation to credit card protection on purchases and services made abroad by credit card users. Read the full story »
|
|
Retailers are being overcharged by banks for card transactions (29. 10. 2007)
According to a recent report banks have been accused by the retail industry of charging too much for credit card transactions as well as debit card transactions. Read the full story »
|
|
Many people using their credit cards to make mortgage payments (22. 10. 2007)
According to a recent survey many homeowners struggling to meet mortgage repayments have been forced to turn to credit cards in order to make some of these repayments - putting themselves in danger of spiralling debt according to some experts. Read the full story »
|
|
Credit card providers doubling rates for some customers (15. 10. 2007)
Many consumers in the UK may be thinking of switching their credit card provider after a number of credit card companies pushed up their rates by up to double for consumers that they classed as being higher risk. Read the full story »
|
|
Bank starts clamping down on credit cards (8. 10. 2007)
Amidst growing concerns over consumer debt in the UK, and further fuelled by the recent turmoil that has hit the UK's financial sectors, Barclays Bank has been cutting customers' credit limits on cards and increasing the number of applications that it is rejecting. Read the full story »
|
|
Credit card offers rebates on fuel at Shell (1. 10. 2007)
A new credit card has been launched by Shell, which will allow consumers to earn rebates towards their fuel costs simply by using the credit card in the usual way. Read the full story »
|
|
Is there a cash back credit card war on? (24. 9. 2007)
According to recent reports there could be good news ahead for UK consumers that are after impressive cash back rates on credit cards. Read the full story »
|
|
Abbey raises the bar on cash back deals (17. 9. 2007)
The Abbey has revealed that it will now be offering a massive five percent cash back on purchases made at all major supermarkets in the UK up to the first one thousand pounds from now until the end of January 2008. Read the full story »
|
|
Online credit card fraud highest in London (10. 9. 2007)
The level of online credit card fraud in London is higher than anywhere else in the nation, although Manchester and Kilmarnock are not far behind. Read the full story »
|
|
American Express BMW credit card no longer as attractive (3. 9. 2007)
The credit card giant - American Express - has decided to increase the standard interest rate on their BMW and Mini branded credit cards by a whopping seven percent, taking it to 16.9%. Read the full story »
|
|
Sainsbury's increases 0% period for purchases on credit card (28. 8. 2007)
The Sainsbury's credit card offer has now been extended from 10 to 12 months interest free credit on purchases, which is great news for consumers. Read the full story »
|
|
LV cardholders to see introduction of foreign fees (21. 8. 2007)
Credit card holders with Liverpool Victoria have enjoyed the unusual benefit of no foreign transaction fees when using their credit cards in other destinations within the European Union. However, Liverpool Victoria have recently announced that there will be a three percent foreign currency loading charge applied from the end of September. Read the full story »
|
|
Consumers that consolidate credit cards should close their accounts (13. 8. 2007)
Recent research has shown that many consumers that pay off their credit card accounts using a consolidation loan then go on to run up balances on the cards again in next to no time. Read the full story »
|
|
Minimum repayments could spell debt for customers (6. 8. 2007)
A recent industry report has highlighted the financial problems that could face credit card holders in the UK that insist on making just the minimum repayment on their credit card balance. Read the full story »
|
|
Is green the way to go with credit cards? (30. 7. 2007)
From reducing emission to re-using carrier bags, there have been a number of options put forward for those interested in going green - and the latest environmentally friendly craze seems to be the availability of 'green' financial products. Read the full story »
|
|
Will September bring another rate rise? (23. 7. 2007)
The interest rate in the UK is already at its highest in six years, and according to some industry professionals there is set to be another interest rate rise in September of this year. Read the full story »
|
|
Longer term fixed rate mortgages - call from government (16. 7. 2007)
The UK government under the new prime minister Gordon Brown has revealed that it wants more longer term fixed rate mortgages on the market to help make property purchase easier and more affordable for first time buyers and existing homeowners. Read the full story »
|
|
MPC warns that further interest rate rises could be on the way (9. 7. 2007)
The Monetary Policy Committee has warned that inflation in the UK is continuing to pile on the pressure with regards to the stability of the interest rate, and for many analysts this means that further interest rate rises are on the way. Read the full story »
|
|
FOS to dispel myths over credit card protection (28. 6. 2007)
The Financial Ombudsman Service has announced that it will be issuing guidelines to make Section 75 of the Consumer Credit Act 1974 clearer in relation to the protection that consumers can receive through making credit card purchases. Read the full story »
|
|
One fifth of credit card holders in the UK dissatisfied (25. 6. 2007)
According to a recent report over a fifth of all credit card users in the UK are actually dissatisfied with their credit card provider. Although credit cards are still very popular and regularly used, this figure equates to over one fifth of consumers with credit cards expressing dissatisfaction with their credit card provider. Read the full story »
|
|
Fixed rate mortgage customers could start to feel financial pinch (20. 6. 2007)
Homeowners in the UK who have fixed rate mortgages could start to feel the financial pinch when it comes to their repayments, as their fixed rate periods start to draw to an end. Read the full story »
|
|
0% anniversary cards offer unique benefits (12. 6. 2007)
A number of lenders are now offering 0% balance transfer credit cards that offer specified interest free periods in the second and third years of the account - the perfect solution for rate tarts that want to save the hassle of switching. Read the full story »
|
|
Barclaycard introduces twenty pounds fee (31. 5. 2007)
Barclaycard has become the latest in a long line of credit card issuers that have decided to charge customers that do not use their credit card accounts regularly enough. Read the full story »
|
|
Lenders may be exceeding interest rate rises (25. 5. 2007)
According to recent reports a number of lenders are making interest rate rise matters even worse by taking up the interest rate on borrowing by even more than the rise in the base rate. Read the full story »
|
|
First victory for banks over unfair charges (22. 5. 2007)
Last week the banks won their first victory after a judge ruled in favour of Lloyds TSB in a case where the plaintiff was trying to reclaim over £2,500 in charges that had been applied to his account over the past six years. Read the full story »
|
|
Consolidation loans could result in increased debt (21. 5. 2007)
A recent survey carried out into the effectiveness of consolidation loans in the UK has shown that in many cases debt levels for consumers are actually increased. Read the full story »
|
