Items tagged with: credit cards
‘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 »
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 »
Unsecured debt payments cost 1 in 12 over half their income
6 March 2009
Around 1 in 12 UK adults spend more than half of their income on servicing their unsecured debts, a YouGov survey has claimed.... read more »
Unsecured debt payments cost 1 in 12 over half their income
6 March 2009
Around 1 in 12 UK adults spend more than half of their income on servicing their unsecured debts, a YouGov survey has claimed.... 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 »
"Possibility of bad debt" can raise credit card rates
6 May 2009
Sometimes, charges on credit cards have to be raised because of the risk of bad debt, says a spokesperson for the credit card industry, as MoneyExpert.com reports.... read more »
Secured loans `down 76% on last year`
15 June 2009
New figures have shown a significant fall in lending to consumers over the past year, as the credit crunch has continued to restrict the availability of loans.... read more »
Student loans on the rise
1 July 2009
New figures from the Student Loans Company (SLC) have shown a rise in the amount of money lent out to students in the 2008-2009 financial year.... 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 »
Loan customers covered by new Lending Code
3 November 2009
As of the beginning of November, people taking out loans are protected by the new Lending Code.... read more »
Three in ten credit card users `won`t repay debt for six months`
12 November 2009
Almost a third (31%) of credit card users don`t plan to repay their outstanding credit card debt in the next six months, according to a new survey.... 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 »