Welcome back to Money Management Tips. I just though you might to know that i have now added incestives for the people that leave useful comments both for me and other readers. Thanks for visiting! The last few days have been emotionally draining for me since the passing away of my father last Wednesday but [...]
After the information i gave yesterday about the Virgin Atlantic Credit Card, i was checking around for some low APR credit cards that i can recommend in its place when i came across this: Clysdale and Yorkshire banks seem to have kickstarted a new high street credit card war with the launch of a zero [...]
Election, Hung Parliament, Political Coalition, New Prime Minister etc; all these happening in one week can make you lose track fo other things happening around you. That is exactly what the Virgin Atlantic American Express Credit Card people were counting on. They thought this will be a good time to bury bad news. I got [...]
A London Newspaper today revealed, according to a report, that 50% of Londoners expect to use credit cards to pay for their grocery shopping this month. The figure raises concerns about attitudes to personal debt as the amount Britons owe rose to a record £1.5billion last month. The trend for putting everyday purchases on plastic [...]
I told you yesterday about getting your credir card interest rate lowered; well here are some people who have already benefitted from picking up the phone and making the request. Learn from them, you too can do it. Watch the movie here.
Credit card companies have several tricks up their sleeves and for you to get out from under the bondage of debt (yes, it is bondage!), you cannot afford to play by their rule. One of the ways you can get out of credit card debt quickly is by having your interest rate lowered and all [...]
After writing yesterday’s blog, i found out something rather interesting from the Independent website. Credit card companies could be banned from raising borrowers’ credit limits without their consent to help prevent people running up unaffordable debts. Under new government proposals restrictions could be placed on card companies increasing interest rates on existing debt, as part of [...]
About 19% of credit card holders in the UK have had their limits increased without their consent in the past year. The recent survey went on to suggest that the average person have seen a credit lime rise of just under £1500. What do you make of this? Do you think these companies like you [...]
Do you still think your bank loves you? Think again. Even though the Bank of England and other Central Banks are slashing the rates of borrowing, some financial institutions are doing just the opposite. American Express has increased the cost on borrowing on its British Airways Premium Plus card to 46% - more than 30 times the Bank [...]
It has emerged that the financial giant HBOS wrote to its cardholders informing them that, with effect from 1 October, their MMR would be reduced from 2% to the greater of: 1. 1% of the outstanding balance; or 2. an amount equal to the interest and insurance premiums charged, plus any penalty fees, plus £5 [...]
