‘Credit Cards’ News
A card charge warning issued by the Post Office
Posted 2007-12-12
The Post Office issued a statement to the effect, that those planning a holiday internationally this festive season, would find themselves hit by a credit card charge, not known to them. The Post Office explained that not many people were...
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One in five Brits will pay 2007 Christmas Expenses in June 2008
Posted 2007-12-12
In a recent survey done by Your Money Matters Show, about a fifth of Brits will be paying off their Christmas shopping expenses in coming June 2008! At Yuletide estimated expenditure by Brits is £53 billion and 11.7 billion spent on credit cards. Further research by the show reveals that about a tenth of people will take till coming September 2008 to complete paying off their credit card debts, and 3.9 per cent pay off their current year’s Christmas debt close to next year’s Christmas time or December 2008. Your Money Matters Show’s research backs up the story done by MoneyExpert.com which brought out that 4.4 million Brits are still paying off credit card bills from previous year’s Christmas expenditures. Why is this phenomenon happening? According to Cesarina Holm-Kander, a speaker at the Your Money Matters Show, very few people sae money for Christmas expense and they are already loaded with credit card debt when the festive season begins. ...
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Brits predicted to lead in credit card spending
Posted 2007-11-18
Due to the ongoing credit crises, debt consultancy Thomas Charles has claimed that in all probability, this Christmas will see consumers avoiding using their credit card. The downfall of the US sub-prime loan market has led to a global financial...
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A somber Christmas for “credit cards”
Posted 2007-11-2
A new report claimed today, that providers and retailers, will see a drop in credit card usage this holiday season. Thomas Charles a debt consultancy, surveyed almost 2,000 adults, way ahead of what is considered the most hectic time for...
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Credit card ruling by House of Lords – Much appreciated
Posted 2007-11-1
Yesterday, uSwitch was more than glad when a ruling was passed by a House of Lords to the effect that credit card companies needed to refund customers who purchased goods or services with their card whilst they were overseas. Lloyds...
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