Sandra Quinn, director of communications at Apacs, said of the launch of the developed service: “As an industry we are committed to improving consumers’ understanding of credit cards and encouraging responsible borrowing.” Credit card debt can be a problem to…
Continue reading the "Credit card website aims to advise would-be debtors" »
According to suggestions from financial comparison website uSwitch, the problem with zero per cent interest credit cards was that banks lost control of the system, with the business being led by whichever provider offered the rate for longest. “As a…
Continue reading the "Zero per cent credit cards dying out" »
The Citizens Advice Bureau (CAB) has said that while many are tempted to use this avenue by what seem very tempting loan interest rates, it doesn’t mean that the idea is a good one, with many seeing a good deal…
Continue reading the "Debt Advice encouraged over extra debt" »
It claims that the move will allow it to make “more accurate and timely decisions” and help create a “tailored product package” through its credit-scoring software. George Lennox, senior manager of group credit and risk at HSBC said that the…
Continue reading the "HSBC chooses Experian for credit scoring" »
Daniel Richardson, 22, ran up £30,000 of debt in 30 minutes on his father’s credit card while his parents were away on a long weekend. Blackburn magistrates heard that his father, Stephen Richardson, returned to find an email pointing to…
Continue reading the "Debt dangers of internet gambling exposed" »
It says that with the introduction of top-up fees, students will stay in debt for longer, so the sooner parents start saving towards the future cost of a child’s higher education, the better. Commenting on recent estimates that students currently…
Continue reading the "Parents need to plan ahead to combat increased student debt" »
Experian, the credit monitoring company, has reiterated the impact that being declared bankrupt can have on a person or family, something that needs to be remembered as the numbers using this route grows. “Lenders are increasingly charging higher rates for…
Continue reading the "Effects of bankruptcy means it’s not the easy way out" »
The 360money credit card allows transactions to be viewed online or over the phone, as with most other credit cards, but the prepay system means the consumer is never borrowing or getting into debt, something 360 money says eradicates “nasty…
Continue reading the "Credit card attempts to teach financial discipline" »
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
