Agreement on credit card debt reached

16 December 2008
Credit card companies have agreed on a set of ‘fair principles’ to help consumers struggling with credit card debt.... read more »

Debt: credit card companies in interest rate talks

27 November 2008
Representatives of the credit card industry are meeting with Business Secretary Peter Mandelson and Consumer Affairs Minister Gareth Thomas today to discuss potentially cutting the interest rates credit cards charge.... read more »

Credit card debt consolidation

21 October 2008
When someone talks about "consolidating credit card debts", they could mean one of two things. They could mean consolidating their credit card debts with a debt consolidation loan, or they could mean transferring their balance from one card to another. Either way, it`s all about credit card debt - and consolidating it.... read more »

Credit card debt from last Christmas still with us

18 December 2008
One in ten adults are still carrying credit card debt from last Christmas, The Telegraph reports.... read more »

Consumers `using credit as they would cash`

29 December 2008
A significant number of UK consumers use credit cards for everyday purchases in the same way as a debit card or cash.... read more »

‘Huge debts’ cause shoppers to cut spending

16 January 2009
Retailers’ figures have confirmed that shoppers are spending less ‘because of huge debts’, The Guardian reports.... read more »

uSwitch.com: consolidation loan could save borrowers money

20 January 2009
Price comparison site uSwitch.com has said that consumers could collectively save themselves £20bn each year by consolidating their unsecured debts into lower-cost forms of credit, such as debt consolidation loans or credit cards with introductory rates.... read more »

Debt approaching £1.5 trillion

2 February 2009
Total personal debt in the UK approached the £1.5 trillion mark in December, according to the latest figures from the Bank of England.... read more »

Many consumers `to rely on credit card debt`

6 February 2009
A significant number of UK consumers are to rely on credit card spending to fund everyday purchases this year.... read more »

Building society helps customers with credit card debt

5 March 2009
A major building society has been judged the most responsible credit card lender for the second year running at The Card Awards.... read more »

Some credit cards raise interest on existing debt

9 March 2009
Some credit card providers are raising the interest rate they charge existing customers on the debt they`ve already run up.... read more »

Millions of overdraft debts becoming credit card debts

1 June 2009
Millions of borrowers seem to be transferring their overdraft debt to their credit cards, many of them taking advantage of 0% deals on balance transfers to avoid interest charges.... read more »

Consolidate debt - credit cards

2 October 2009
Different debts are managed in different ways. Personal loans, for example, require regular monthly repayments, whereas credit cards only require you to repay a small percentage of the balance each month.... read more »

Bad credit card debts `to rise`

9 November 2009
The proportion of credit card debts that borrowers cannot afford to repay could reach 9% by the end of next year, experts have claimed.... read more »

4.5 million `to transfer credit card debt in New Year`

11 January 2010
More than 10% of Britons (4.5 million) are expected to transfer credit card debt to another card in the first three months of 2010, according to new research from Santander Cards. ... read more »

Do I need to include all my credit cards on an IVA proposal?

29 January 2010
If you`re considering entering into an IVA (Individual Voluntary Arrangement) and your Insolvency Practitioner (IP) agrees that it`s the right option for you, one of the first things you`ll need to do is work with your IP to draw up your IVA proposal.... read more »

Brits `taking on credit card debt for everyday costs`

15 February 2010
Over 14 million Britons use their credit cards for day-to-day living costs, according to new research from Moneysupermarket, highlighting a reliance on debt amongst many people.... read more »

Cost of credit card debt reaches 12-year high

16 February 2010
According to figures from personal finance researchers Moneyfacts, the cost of credit card debt has reached a 12-year high, the Telegraph reports.... read more »

Credit card rates at 12-year high

20 February 2010
The average interest rate on a credit card has reached a 12-year high, according to new research from Moneyfacts.... read more »

Women `less likely to build up debt` than men

12 March 2010
According to research by lovemoney.com, women `are better at budgeting and keeping track of their spending and are less likely to build up debt on a credit card or a loan` than men, the Daily Mail reports.... read more »