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
Tags: Credit Cards, GBP, need, borrowing, bba, creditThe 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
Tags: Card, record, GBP, Credit Cards, chip and pin