Credit card and bank details stolen from hundreds of thousands of Britons are on sale in India for as little as £5 each
Tag: Credit Cards
MoneyExpert: UK Consumer Credit Dips, As Mortgages Rise
UK consumer credit rose less than predicted in August, with an increase of £755 million against a forecast £900 million, down from the previous month’s £1.1 billion rise.
Scotsman: Post Office Makes Its Credit Card Commission-free And Extends 0% Period
SHOPPERS using a Post Office credit card abroad will no longer be charged commission, as part of a move by the group to give customers a better deal.
MoneyExpert: British Personal Debt Is ‘double European Average’
Over a third of all unsecured debt such as credit cards and overdrafts in Europe belongs to the British, says business research group Datamonitor.
Motley Fool: Beware Of These 0% Card Tricks!
When is interest-free credit not interest free? When you’re forced to pay fees (and, amazingly, even interest) for the privilege of borrowing money at 0% for an extended period!
MoneyExpert: Report: Credit Card Rates Rising
Credit card companies have increased their interest rates to compensate for revenue they have lost as a result of lower default charges and rising bad debt, according to new research.
This Is Money: Record Level Of Young Insolvents
Record numbers of people under 30 are going bust after racking up massive debts on credit cards
Motley Fool: Even Better Than Stoozing
‘Stoozing’ is a damn curious word. It’s when you get a 0% on balance transfers credit card and transfer the balance to a bank account that pays a high interest. Before the introductory 0% period expires, you pay off the credit card, leaving you with the interest you’ve earned. Thus, you get free money.
This Is Money: Credit Card Firms Hike Rates
Credit card providers have upped their interest rates, some by more than 12%, after the Office of Fair Trading made them reduce their default fees
This Is Money: Switch Fee Alert Over Credit Cards
Consumers switching credit cards to take advantage of interest-free deals could pay more than they expected