Case Against MasterCard Dropped By European Union
October 22, 2009
An executive arm of the European Union has dropped a case against the credit card giant MasterCard in relation to the transaction fees that the card network levies. The case has been dropped on the condition that the credit card giant cuts its transaction fees, but this has made many retailers angry, as they were looking for these card fees to be scrapped altogether rather than just being reduced. Read more
Consumers Could Benefit From Fee Free Card Transfers
October 13, 2009
At this time of the year, when many people are still battling to repay the credit card debts that they built up over the Christmas and New Year periods, many cardholders decide to look for suitable alternatives to try and cut the amount of interest that they are paying as well as to try and clear their credit card debt quickly. For those that have outstanding balances on high interest credit card, and who are unable to clear the balance in one go, interest payments can end up being very high. Read more
Credit Card Providers To Face Further Clampdown
October 6, 2009
Credit card providers in the UK are set to face a further clampdown as the UK government brings in measures to cut the temptation of further credit card debt for consumers. The government is looking to bring in a number of measures that could decrease the chances of consumers getting themselves even further into debt at a time when the credit card and other debt levels in the UK are already causing concern. Read more