Credit Card News
UK borrowers face tougher lending criteria
Anyone looking to take out a new credit card or personal loan should do so before 1 February to avoid new regulations which mean fewer borrowers will receive the advertised rate, according to UK comparison site, moneysupermarket.com.
Penalty charges for refusing to rack up credit card debt
Credit card and store card providers are increasingly charging ‘inactivity fees' as part of a range of measures designed to soften the blow of new regulations that will give customers a fairer deal.
Top tips to avoid the slippery slope of overseas fees
As the ski season gets into full swing and thousands of Brits are hitting the slopes overseas for their annual fix of downhill fun, N&P (Norwich and Peterborough Building Society) is guiding skiers on how to avoid an unwelcome jump in the cost of their holiday this ski season.
Consumers in the dark about new credit directive
With the Consumer Credit Directive looking to shake up the lending market, new research from uSwitch.com, the independent price comparison and switching service, reveals that initially it could cause more harm than good, leaving consumers confused and potentially put off applying for credit.
How to make your holiday money go further
Confused.com is reminding those planning a winter sports or sun holiday this New Year to make their money go further by thinking about how they will pay for the trip, as well as how best to spend when they're away.
Travellers losing out on Euros
New research from AA Financial Services suggests that travellers preparing for their winter sports fix could make their money go further with better management of their holiday money.
New Year brings new savings drive for Brits
Over half (59 per cent) of Brits will look to make further savings in 2011, according to research by online insurer swiftcover.com.
Credit card promotional offers up year-on-year
Anyone looking for a credit card this January is set to benefit from greater competition in the market with the length of promotional rates on balance transfers and purchases at an all time high, according to analysis by moneysupermarket.com.
Knowledge is power when it comes to getting credit
With many people looking to consolidate their debts or take out new loans or credit cards moneysupermarket.com urges borrowers to take time to understand their credit file in order to make it work in their favour.
Credit cards used to pay mortgage and rent
More than two million people have used credit cards to pay their mortgage or rent, an increase of almost 50 percent in a year, new research from Shelter reveals.
1 in 4 Brits have never switched and saved
New research by comparison site Gocompare.com has revealed that although 61 per cent of consumers are expecting 2011 to be a very difficult year financially, over 12 million of them have never switched any of the 20 most common financial products including car insurance, home insurance, energy provider, credit card or mortgage lender.
Credit card holders to benefit from changes in the New Year
The UK Cards Association reminds the nation's 30 million credit card holders that from the beginning of the New Year they can expect to see a number of changes that will give them greater control over their credit card accounts.
£555 million to be spent on Christmas Eve
Many people have left their Christmas shopping until the last minute, with up to 20 million UK adults expecting to need to hit the shops on Christmas Eve, according to new research from Sainsbury's Credit Cards.
Using a business prepaid card to manage business expenses
In a global marketplace, corporate travel is a necessary and sometimes costly business expense. However, current economic conditions throughout the world mean that this expenditure needs to be scrutinised carefully in order to produce a cost-effective return on investment.
AA Credit Card can help ease New Year fuel price pain
The cost of petrol and diesel fuel has reached a record high, with petrol costing on average 15.32p and diesel 17.79p per litre more than in December last year, before the January price rises according to AA Financial Services.