Items tagged with: creditcards
‘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 »
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 »
Shoppers `less reliant on credit card debt`
14 April 2010
Credit card usage has fallen in real terms since 2005, according to research from the Payments Council, as more shoppers rely on debit cards as their main method of payment.... read more »
Spending on cards up in April
18 May 2010
UK retailers recorded an 8.9% increase in spending on debit and credit cards in April, compared with a year earlier, according to Barclaycard Global Payment Acceptance.... read more »
Debt management for credit card debts
28 May 2010
If you`re struggling to afford your credit card repayments, a debt management plan could be your way out of debt.... read more »
Borrowers to benefit from debt repayment change
3 June 2010
MBNA, one of the country`s largest credit card issuers, has announced it will change the way debt repayments are `allocated` to borrowers` credit cards from 1st September this year - several months before the voluntary end-of-year compliance deadline agreed by the card industry, the Guardian reports.... read more »
Cashback credit card users `could earn hundreds a year`
7 July 2010
Research by moneysupermarket.com has found that people who use a cashback credit card and put their salary into an interest-bearing account could earn a significant `bonus` every year.
... read more »
Many Britons have a `lax attitude to debt`
15 July 2010
Many Britons display a `lax attitude to debt`, according to Tim Moss, head of loans and debt at moneysupermarket.com.... read more »