Credit Card And Related News For October, 2007
Welcome to the latest news concerning UK credit cards and other related topics for the month of October, 2007
- Collapse of a credit union [29.10.07]
Over recent years credit unions have become increasingly popular, enabling consumers to enjoy the benefits and personal attention of a community run financial institution that offers both saving and borrowing facilities. However, some consumers have been shocked this week to discover that their local credit union has collapsed, which means
- Increase in plastic card fraud [26.10.07]
A recent report has shown that there was an increase in the level of fraud committed on British plastic cards, such as debit and credit cards, in the first half of this year. According to many experts this increase has been largely caused by the level of fraud committed on
- Customers with good credit being targeted by lenders [26.10.07]
It is a known fact that anyone that has a damaged credit history and low credit rating is likely to be lumbered with crippling interest rates if and when they decide to take out any form of finance. However, a recent report has highlighted how, in light of the turmoil
- Consumers turning to credit cards to pay their mortgage [25.10.07]
According to the results of a recent survey many consumers in the UK are having to turn to costly credit cards in order to make some of their mortgage repayments, with many finding it increasingly difficult to keep up with repayments based solely on their income. Homeowners are struggling with
- Rewards based credit cards [21.10.07]
With a choice of rewards credit cards available on the UK market today, consumers can look forward to finding a competitive deal on their credit card along with rewards that they can enjoy accruing and using. There are rewards based cards available to suit most needs, and these credit cards
- MasterCard paypass system should prove popular [16.10.07]
Recent research has revealed that many consumers decide against making small purchases such as food items or drinks if they have no loose change on them, as they do not want to break into a note. However, according to many experts this will all change when the MasterCard Paypass system
- Brits paying a fortune on credit card cash withdrawals [09.10.07]
According to one of the UK's best known price comparison websites consumers in the UK are withdrawing a fortune from cash machines using their credit cards, and as a result of this are being hit with huge fees, enabling credit card companies to rake in the cash. Often consumers are
- House of Lords to rule in relation to credit card refunds [09.10.07]
The House of Lords is to make a decision with regards to credit card refunds for customers when they use their cards to make purchases abroad and goods are either damaged or not delivered at all. Under the Consumer Credit Act the same level of protection applies as when goods
- Nectar credit card celebrates its anniversary [08.10.07]
The Nectar credit card, which is a joint venture between Nectar and American Express, is celebrating its second anniversary, and there is good news for new customers signing up for this card. As part of the celebrations new customers can enjoy an impressive five thousand nectar points when using the
- Are you getting the right information on your APR [06.10.07]
We've all seen the glossy ads in the magazines, newspapers, and television, where various lenders are offering headline APRs on finance, making the whole deal sound very attractive. However, for those taking out Payment Protection Insurance the APR may not be as attractive as it sounds – in fact, according
- Credit card repayment structures still confusing [05.10.07]
A recent report has shown that many consumers that use credit cards are still confused or even unaware with regards to the order in which the balances on their credit cards are repaid from the repayments that they make. This is an issue that does not affect those that repay
- Increased cash back levels offered on Abbey card [03.10.07]
Credit card providers in the UK have been challenged when it comes to their credit cards rewards, after one High Street lender cranked up the level of cash back it offers on its cash back credit card. Abbey is now offering both new and existing credit card customers the chance
- Youngsters able to get their hands on pre-pay cards [01.10.07]
According to a recent report many youngster in the UK are able to get their hands on pre-pay cards with relative ease, giving them the ability of purchase a range of adult products online without any problems. These cards are available in many shops, but many retailers are failing to