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Truth On Lower Credit Card Charges
Two years ago the Office of Fair Trading (OFT) declared that default charges on credit cards were too high and suggested capping these at £12. But market analysts say that although lenders have reduced penalty charges, they have also resorted to desperate measures to recoup lost revenue including hiking rates and fees elsewhere.
Reduced Credit Card Rates
Officials from the credit cards market have suggested that some consumers may be able to get the high interest rates on their credit cards reduced simply by contacting their providers and negotiating with them.
Credit Cards For Teenager
Nearly half of British teenagers intend to get credit cards when they are adults, according to a new survey.
A Holiday On Your Credit Card
Millions of Brits escape abroad for their holiday breaks, and a new report by moneyextra.com suggests that paying a holiday using a credit card is the best way to go.
Why Abbey New Card Is Destined For Popularity
This week Abbey has launched a new credit card that will allow consumers to enjoy lower and fewer fees. The Zero Card enters the market at a time when many lenders are cutting back on financial products that cannot stand the pressure of the credit crunch.
West Consumers Hit By Credit Scams
Credit card consumers in the West continue to fall victims to cash-card scammers long despite the availability chip and pin technology.
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