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Welcome
to the latest news section where we aim to provide you with the latest
news and information on UK credit cards and finance.
Bargain hunters switch cards
One in five people with a credit card are planning to transfer their
balance to a different provider to take advantage of a better deal, research
claimed today.
26/01/2004
Til debt us do part
As the credit card bills pile up after a Christmas
spending spree, couples are paying the price in more ways than one.
24/01/2004
GE censured for sending unsolicited credit cards
The country's biggest store card provider was yesterday found in breach
of consumer law and ordered by the Office of Fair Trading to reform its
policy of issuing Debenhams and Harrods customers with unsolicited credit
cards.
16/01/2004
MPs condemn UK credit card firms
Credit card firms have been accused of "misleading" their customers
by an influential committee of MPs.
18/12/2003
Major shake-up for UK credit laws
There are fears consumers are not protected enough by current laws
08/12/2003
How Easy is it to spend like Beckham
A couple of hours
on the computer, a visit to your high street and a few weeks later
- you too could have £56,600 to spend.That's how much credit
I managed to rack up in just six hours.
02/12/2003
Barclaycard
told to drop 0% claim
Barclaycard
has been told by the Office of Fair Trading (OFT) to withdraw advertising
for its controversial "0% forever" credit card.
The OFT said that term "0% forever" was "highly misleading," as
the actual interest rate paid by customers on balance transfers was often
higher.
18/11/2003
New warning on credit card fraud
Fraudsters steal about £800 a
minute using credit cards over the internet, phone, or by fax, consumers
are warned.
10/11/2003
Watchdog 'lax' on credit cards
The UK trading watchdog has been accused of "complacency" over
protecting credit card users from confusing fees.
04/11/2003
The death of the ‘Notice’ account?
New Egg report exposes the savings
myth that notice pays
03/11/2003
Confusion over credit searches
Shopping around for the best price on any purchase is always a good
idea. But could it damage your credit rating?
03/11/2003
How to cope with rate rises
A financial expert tells Credit Cards 4U that with a rise in UK base
rates on the cards now is a good time to repay debts.
29/10/2003
Big banks accused of 'cynicism'
An MP accuses UK banks of using 'bait and trap' methods to lure customers
as Barclays chief brands own card as 'expensive'.
17/10/2003
Debt collectors chase record arrears
UK consumers are in record debt and personal bankruptcies are growing
as debt collectors pursue consumers for £5bn.
14/10/2003
Customers unaware
of credit charges
Nearly two thirds
of Britain's credit card holders have no idea what interest rate they
are being charged, according to researchers.
12/10/2003
Top credit tips
Credit card companies push their products, retailers encourage
shoppers to take out store cards and banks continually mailshot their customers
with loan offers - all involving repayment at a healthy annual percentage
rate (APR).
09/10/2003
Harrods under store card spotlight
Harrods draws the attention of the UK trading watchdog over the transfer
of store card customers to a new credit card.
08/10/2003
'Big
four' fail to keep customers happy
The big four high-street
banks came out bottom today in a new survey looking at customer's satisfaction
with service.
Five thousand readers of Which?, the Consumers' Association magazine, voted
Smile and First Direct top for customer service and NatWest, LloydsTSB and
Barclays last, with HSBC not far behind.
26/06/2003
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