After my blog-post yesterday, a reader sent me an email asking what was the big deal about debit cards that would warrant that post. my reply to her went something like this: Both the debit and credit cards are parts of the payment methods available to us all these days but they have differences that [...]
33% Used Credit Cards To Ease January Payday Pain
February 1, 2011 By Leave a Comment
A third of credit card holders confessed that they relied on credit cards to cover everyday living costs during January – a survey revealed this week. Even more people admitted they had used their cards to pay for grocery shopping during the month, according to the Post Office. ‘The long gap between December and January [...]
Clydesdale & Yorkshire Banks Launch 0% Credit Cards
May 14, 2010 By Leave a Comment
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 [...]
We Need To Stop This Yearly Financial Madness
January 19, 2010 By 3 Comments
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 [...]
Unsolicited Credit Limit Increases May Be Banned
July 7, 2009 By Leave a Comment
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 [...]
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