Articles in the Credit Cards Category
Egg Cracks
February 3rd, 2008
As a current (although soon to be ex) Egg customer, I’m interested to see the fallout from their decision to cancel the credit cards of 161,000 customers.
According to Egg, they are no longer willing to give credit to those who they say now pose an unacceptibly high risk.
To be …
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Reasons To Use Your Credit Card
November 28th, 2007
Credit cards have, probably justifiably, got a pretty bad name, largely down to the trouble that people find themselves in if they’re misused. But of course, there are always two sides to every story, and when credit cards are used responsibly, they can be quite useful.
The Money Hospital wrote an …
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Top 10 Tips To Avoid Credit Card Charges
November 12th, 2007
Last week it was reported that many credit card providers have been increasing their charges recently, as they look to find new and “innovative” ways of making money from their customers.
Whilst many of the bigger fees are hidden away, it is possible to do somehting to avoid them.
The Telegraph …
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Credit Card Fees On The Rise
November 5th, 2007
Using your credit card cheaply is becoming more and more tricky, as figures released by MoneyFacts shows how credit card companies have increased many of their fees recently.
It’s the good old fashioned cash withdrawal which is yet again being used by providers to sting cardholders. According to the MoneyFacts …
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A Million Pay Their Mortgage On Credit Cards
October 19th, 2007
One of the big personal finance stories of the week concerned a study by the charity Shelter, which suggested that over a million people in the UK have payed for their mortgage on their credit card in the past year. The survey questioned over a thousand people, of which 6% …
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Free Guides To Payment Cards For Teenagers
October 1st, 2007
Apacs, the UK payments association, has released 2 guides discussing payment card options for teenagers and ‘young adults’.
According to Apacs, 86% of 18-24 year olds carry some sort of plastic in their wallets, and these guides aim to help them make the right decision when choosing payment cards. And …
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How Long Will It Take To Pay Off Your Credit Card Debt?
September 27th, 2007
Credit card debt can be a scary thing, even for those of us who supposedly should know what we’re doing with our finances.
In The Debts That Wouldn’t Die, The Fool gives a few scenarios of how long it can take to pay off a credit card debt if you’re only …
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Student Finance: Credit Cards
September 11th, 2007
If there’s one financial product I’d suggested you try to avoid for as long as possible at university, it’s credit cards. Nothing can hurt your finances as much as a couple of grand sitting on your card steadily growing as the interest mounts up. Recent studies suggest that 43% of …
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A Warning For Credit Card Users
September 4th, 2007
The BBC’s MoneyBox radio programme recently featured details of a little known practice which can affect the level of credit available on your credit card.
When checking in to a hotel, the hotel may scan your card, and secure an amount of credit from the card to cover the price …
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Are You Getting Caught By These Credit Card Tricks?
August 29th, 2007
The consumer rights company Which? has accused credit card companies of using “ingenious methods” for creating new charges so that they can recoup some money after last year’s decision by the Office of Fair Trading to limit penalty fees to £12.
To show just how “innovative” the credit card companies can …
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