Credit card companies withdraw £3.1 billion in credit limit cuts
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Credit Cards
Credit card companies have clawed back some £3.1 billion worth of
credit by cutting the spending limits of their customers, according to
MoneyExpert.com
Will you be hopping mad over fees for using your card abroad this Easter?
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Credit Cards,
Featured Article
Many people will be getting ready to wave the bad weather goodbye by
jetting off over the Easter break. While browsing the brochures can
save a few pounds on the cost of the holiday, so can choosing the right
credit or debit card. Nationwide Building Society urges customers to
research more than just their destination, as UK holidaymakers wasted
over £650 million1 on foreign currency loading fees last year when using a card abroad.
5.9m Rate Tarts Switched Credit Card In Last Six Months
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Credit Cards,
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More than 5.9 customers switched credit cards in the past six months as consumers battled to get debts under control, according to MoneyExpert.com*
£2.11 Billion To Be Spent On Credit Cards This Week
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Credit Cards,
Featured Article
This Christmas, people are planning to spend more on their festive
shopping than they did last year. With only a week to go until
Christmas, new research(1) from Sainsbury’s Credit Cards
indicates that the nation intends to spend some £11.85 billion during
the last week before Christmas - £2.7 billion more than the bank’s
research identified this time last year(2).
Store Card Shopping This Christmas To Cost Consumers £2.8 Billion In Interest
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Credit Cards
New research conducted by uSwitch.com, the independent price comparison and switching service, reveals that using store cards for Christmas shopping will cost consumers £2.8 billion[1] in interest in the next year alone.