Credit card customers need to compare cards

A recent report has suggested that consumers in the UK may be spending a small fortune unnecessarily on credit cards simply because they are failing to make comparisons and are therefore often ending up with a raw deal on their credit cards.
The report shows that close to 70% of consumers that have applied for a […]

Credit card customers look for better rates

According to recent data from MoneyExpert.com millions of Brits have switched credit card providers in the past six months in order to try and find better rates of interest and cut back on their outgoings.
Experts state that this shows how hard consumers are trying to reduce their debts and outgoings, with customers trying to reduce […]

Fee free balance transfer cards available to those with excellent credit

According to a recent report there are a number of fee free 0% balance transfer cards now available on the market, with several credit card providers re-launching these fee free cards, which all but disappeared from the markets last year.
However, the only consumers that will be able to get their hands on these cards are […]

Consumers could face problems getting 0% card with capped fees

A recent report has suggested that credit card customers could face real problems finding a 0% balance transfer credit card that offers capped balance transfer fees, as fewer and fewer credit card providers are now offering this benefit.
Most 0% balance transfer cards charge a transfer fee of around 2-3% of the total amount being transferred, […]

Complaints About PPI Soar

Complaints about payment protection insurance are shooting up, says the Financial Ombudsman Service, and it has called on banks and other firms using the insurance to compensate customers.
In January 2008 the number of complaints was 1,499, whereas for the whole of 2006-7 financial year the number of complaints was 1,832.
Also, interestingly, 80% of the complaints […]

The Mean Banks

Banks are squeezing customers wherever they can. Mortgage rates are not coming down with the base rate; banking is getting more expensive; and lending rules are getting tighter.
Who’s to blame for all this? Why, the banks themselves, of course.
Who pays the price? The customer.
Banks want more security so they’re pushing the price of any service […]

Improving your chances of getting credit

Over recent years the UK has gone through something of a credit boom, where it has been relatively easy for many people – even those that have experienced past credit problems – to get finance ranging from credit cards and catalogue accounts to loans and mortgages.
However, the credit crunch that has taken a hold in […]

Why personal debt in the UK is the worst in Europe

The fact that the UK has a problem with debt has not been a big secret for many years. However, as more and more consumers continue to spend more than they can comfortably afford on their credit cards, the UK is now officially the worst in Europe for personal debt.
The figures that have come out […]

Are you wasting money on your monthly credit card interest payments?

Studies have shown that thousands of people are wasting money unnecessarily each month on their credit card interest payments. This is despite the fact that they have money left over in their credit accounts. In fact the average person tends to carry over around £1,137 each month when they have just under £1,000 left in […]

Could freezing your credit history really help you

In the US there has been a law in over 40 states that customers can freeze their credit history whenever they like in order to stop fraudulent use of their account.
By freezing the account, lenders then know that if any applications are made to get credit from that account then it is not the owner […]

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