Charity Credit Cards
October 28, 2008
Many people in this day and age like to give money or make donations to charity, and even in the current financial climate where finances are strained for many households people still think about those less fortunate than themselves and try to offer as much in the way of financial support as they can. It can be difficult to decide what charity to support when there are so many worthy causes but most people have heir own favourite charity or a cause that is close to their hearts, which they make donations to. Read more
The Xmas Purchase Solution
October 28, 2008
For the most cash strapped families who will find it hard this Christmas due to the credit crunch, there is a new credit card in town!! The only problem is that it is the most expensive credit card in the UK with an interest rate of 227%. This is being promoted as a solution for those cash strapped families. Read more
Declined Applications For Financial Products
October 19, 2008
According to research carried out by MoneyExpert.com, around 5 million applications for new credit cards and loans have been rejected by lenders over the last six months. The figures work out that about 56 % of the population of the U.K has applied for such financial products in the last six months. Read more
Different Types of Credit Cards
October 16, 2008
If you are looking to take out a credit card you will find that the wide choice of credit cards on the market these days makes it easier for you to find a card that is perfectly suited to your needs and circumstances. If you have a good credit history and rating you will usually find that you can choose from a wide range of credit cards, although the choices for those with bad credit will be far more limited. It is important to make sure that you choose the right card for your needs and circumstances, as otherwise you could end up paying over the odds or could miss out on some valuable benefits. Below is a summary of some of the popular credit card types available these days: Read more
Cash Withdrawls In the UK
October 16, 2008
According to research done by U Switch, consumers using credit cards in the UK are making over 38 million cash withdrawls every year and they are doing this at nearly twice the average APR% which is about 17.2%, which equates to an average 32%. Read more
Searching for a Suitable Credit Card
October 14, 2008
The world of credit cards has become something of a minefield in many ways over recent years, and this is because there are so many different credit card types available from such a wide range of lenders. For those with good credit the choice of credit cards is very good, and it is possible to find credit cards to suit most needs and circumstances. Credit cards have become increasingly popular over recent years, with many enjoying the convenience, ease, flexibility, and even increased security that they offer. Read more
The Credit Fraudsters
October 7, 2008
This year has seen a record high on fraud losses that UK credit cards has ever seen and this is only in the first six months of the year. During this first six months the losses have amounted to a total of £ 301.7 million, although payments group APACS have advised that the growth rate has eased from 26% for the same period of 2007. Read more
Should You Switch Your Credit Card?
October 7, 2008
With the current financial climate in the state that it is in many people may be confused as to whether they would benefit from switching their credit cards or not. Many industry professionals have stated that the cost of borrowing on many credit cards has rocketed over recent years, and this means that many people may now be paying a fortune for their credit card borrowing. In cases such as these it may be advisable to switch to another card that offers a more competitive rate. However, there is also the fact that tighter credit conditions could make it harder for consumers to get another credit card, and this could result in rejection, which in turn could lead to damaged credit. Read more