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 »

5 million loan and credit card applications rejected in six months

16 October 2008
Almost 5 million applications for credit cards and personal loans have been rejected by lenders in the past six months, a new survey suggests.... 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 »

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 »

10.3m ‘reliant on borrowing to cover costs’

9 February 2009
New research from the Post Office has suggested that 10.3m British citizens are reliant on credit – potentially including loans – to pay for everyday living expenses.... 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 »

Banks could limit credit card lending if new rules come into force

29 October 2009
Credit card companies have warned that lower-income applicants would be denied credit cards while special introductory offers would disappear if new regulations about the credit card industry come into force, according to The Times.... 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 »

Accounts closed as people don`t repay credit card debts

23 November 2009
Research by Confused.com has found that in the UK, 1 in 5 of the accounts which were closed by the provider were closed because consumers didn`t keep up with payments to their credit card debts.... 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 »

Up to one million used credit cards to pay mortgage debt / rent

11 January 2010
A new study suggests that up to one million households have increased their credit card debt to pay their mortgage or rent in the past year, the BBC reports.... read more »

Credit card balance transfers: a good idea?

21 January 2010
There are a number of things you can do to manage your credit card debts, and a popular method is a `balance transfer`: transferring your existing credit card balance onto a new card.... 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 »

Government announces new `commitments` on credit card debt

15 March 2010
The Government has announced the implementation of a new set of `commitments` to help borrowers with credit card debt.... read more »

5 million `going into debt by spending more than they earn`

17 March 2010
11% of UK adults currently spend `beyond their means`, according to new research from price comparison website uSwitch.com.... read more »