Lenders 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: 0% balance transfer, purchases, Credit Cards, bank of england, moneyfacts

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