Fall in credit card use in 2010
Many people have been using credit cards on a regular basis for many years, as these cards are able to offer huge amounts of convenience, ease, and flexibility. Many people use these cards on a daily basis to save them carrying and cash and so that they can spread repayments on their purchases. However, one [...]
How consumers can rid themselves of high interest credit card debt
Credit cards have been known for their extortionate rates of interest for many years, and this has become more and more noticeable because of the huge gap between the base interest rate and the average credit card interest rate. Whilst the base rate has been at a record low of just 0.5 percent for well [...]
Barclay’s to settle PPI claims
Many people that were charged Payment Protection Insurance on credit cards and loans by Barclays have filed for compensation over recent months, claiming that the insurance cover was mis-sold to them. However, due to the judicial review that took place recently many of these claims were put on hold leaving the customers waiting to find [...]
Avoid claims management firms for credit card PPI
Consumers who are planning to try and reclaim PPI payments that were made on their credit cards are being warned to steer clear of claims management companies wherever possible, as otherwise they will lose a huge chunk of any money that they get back. Many people with credit cards and loans will be considering claiming [...]
Interest rates on credit cards reach highest levels in thirteen years
It has been reported that the interest rates being charged on credit cards have increased to their highest levels in thirteen years, despite the fact that the base interest rate stands at its lowest level in more than three hundred years, having been at just 0.5 percent for well over two years. Over the past [...]