Consumers increasing risks by using same PIN for cards
May 8, 2008
According to a recent report many consumers are increasing the risk of becoming victims of financial fraud simply by using the same PIN for all of their plastic cards.
Whilst many consumers may think that this is an effective way of ensuring that they do not forget their PIN, as it will be the same on […]
Credit card customers paying price for defaulters
May 6, 2008
According to a recent report all credit card customers are paying the price for the high levels of credit card defaults, and this is through increased interest rates, fees, and charges.
In the past credit card companies charged hefty fees to cardholders who missed repayments or made late repayments, as well as to those that exceeded […]
Brits to spend £23 billion abroad on cards this year
May 2, 2008
According to a recent report Brits are set to spend a whopping £23 billion collectively on their credit and debit cards whilst abroad this year, and this means that card providers will invariably raking in the profits from the various fees and charges that are levied on card transactions and withdrawals abroad.
In fact, the report […]
