December Debt Reduced
February 22, 2009
The British Bankers Association, the BBA, announced figures that showed that consumers in December had paid back more than was spent on credit cards, the figure showing as £ 0.4 billion of unsecured borrowing on credit cards being repaid and all this at a time when retailers were bring out heavy discounts in a bid to entice consumers. Read more
Do Not Get Rid Of Your Credit Cards
February 10, 2009
Some people will not be looking forward to their next credit card statement coming through again with the reminder of what was actually spent on them over the festive period. They may be so depressed with the amount on them that they may just cut them up so that no more can be spent but according to credit information provider, Equifax, consumers should not be too tasty in doing so. Read more