Credit Cards To Hit £ 7 Billion
January 6, 2009
It is thought that credit card holders will be trying to transfer as much as £ 7 billion at the beginning of the New Year in order to take advantage of introductory rates that are that are on offer. Read more
Tags: credit, Credit Cards, 0% introductory offer, changeover, Cards, abbeyStore Cards Versus Credit Cards
November 24, 2008
Consumers that decide to go down the road of store cards rather than credit cards this Christmas could be landing themselves with interest of around £ 1.9 million, which could equate to £ 1.4 million more than what they would spend if they took a credit card according to uSwitch.com. Read more
Tags: uSwitch.com, rate of interest, problem, Credit Cards, 0% Credit CardsIncreased Credit Card Spending
November 23, 2008
Surprisingly new figures have shown that even in the current economic climate spending on UK credit cards and debit cards in the month of September increased. Read more
Tags: credit card purchases, debit cards, Cards, Credit Cards, apacs, payments associationLenders Raising Costs
November 23, 2008
Over the last three months the cost of credit card borrowing has gone up considerably with new figures showing that more than 10% of credit card providers are raising their rates. Sixteen credit card providers have put up the interest rates on purchases since August and all this has happened not taking into account the drops of Bank of England base rate. All this information has been put togeather by financial information group Moneyfacts. Read more
Tags: Credit Cards, 0% balance transfer, moneyfacts, purchases, bank of englandLenders To Ignore The Drop
November 10, 2008
While millions of home owners will be benefiting from the recent 1.5% rate cut, credit card holders look unlikely to expect there repayments to fall. According to financial data firm Moneyfacts although the Bank of England have dropped interest rates to 3% they can expect to pay the average APR% which is around 5 times that figure. Read more
Tags: interest rate, Credit Cards, yorkshire building society, Co-operative Bank, platinum credit cards, northern rockCharity 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
Tags: cancer support, 0 purchases, Credit Cards, best thing, amount, charity credit cardsThe 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
Tags: Credit Cards, way, interest, apr, shadow chancellor, provident financialDeclined 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
Tags: Credit Cards, debt problems, bad debts, credit card, banking, interest rateDifferent 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
Tags: reward credit cards, balance transfer, 0%, 0 purchase, Credit CardsCash 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
Tags: interest, consumers, apr, Credit Cards, UK, cash withdrawl