Credit Cards News

Michael Clarke, This is Money16 March 2006 BANKS and card providers love customers that have a laissez faire approach to their credit cards. The kind of customer that takes no interest in the rate of interest they pay, how they use the card or how much they pay off each month. CARD FLUTTER: Using your cards wisely could save you hundreds of pounds WANT TO KNOW MORE? DEAL FINDER: Credit cards TOP BUYS: Our card recommendations DEAL FINDER: Top loan deals GUIDES: Credit cards ...

Michael Clarke, This is Money15 March 2006 BANKS and credit card companies are being forced to write off increasing levels of bad debt because of their over-zealous lending policies. DEBT MOUNTAIN: The average debt has tripled WANT TO KNOW MORE? GUIDES: Get out of debt EXPERTS: Get credit advice BOARDS: I'm buying into Debt Free Direct SWITCH & SAVE: Cut your household bills OTHER STORIES Card charges to be slashed Danger when debt lifeline snaps New on the ma ...

LONDON (Reuters) - The country's consumer watchdog is seen telling banks in the next few weeks to cut or cap the penalties it imposes on customers, like those for credit card late payments, which an analyst said could reduce their revenues by up to 1.5 billion pounds. The Office of Fair Trading (OFT) is expected to announce its ruling on late payment and other charges in the next few weeks, and it has said the principles set out will apply to other bank charges like those for bounced cheques.  ...

Becky Barrow, Daily Mail13 March 2006 CREDIT card companies will be forced to slash their late payment charges by up to 40%, it emerged last night. SLASHED: Banks are card companies will be forced to cut penalty charges WANT TO KNOW MORE? DEAL FINDER: Find a cheaper card ADVICE & TIPS: Dealing with debt BLOG: Credit card tips OTHER STORIES Cost of piling debt on mortgage Danger when debt lifeline snaps New on the market Beware car finance wrecks Steer cle ...