Credit Cards News
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May crackdown for store cards
31 Jul 2006
source:
thisismoney.co.uk
Michael Clarke, This is Money31 July 2006 STORE card bosses have been given until May next year to comply with tough new rules issued by the Competition Commission. STORE CARDS: There are over 11m store cards in circulation in the UK WANT TO KNOW MORE? DEAL FINDER: Top credit cards CARD: TiM's top buys READER SERVICE: Check your credit rating POLL: Now that store cards are officially a rip-off, will you cut yours up? OTHER STORIES Borrowers pay off less debt Card fraud ... |
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Homeloans surge ahead
31 Jul 2006
source:
thisismoney.co.uk
Simon Lambert, This is Money31 July 2006 MORTGAGE approvals rose to their highest level in five months in June but credit card lending has slowed sharply to the lowest level since 1994. HOME RUN: Mortgage lending has continued its upward trend with an £29.6bn lent in June WANT TO KNOW MORE? REPORT: London driving up house prices DEAL FINDER: Search for a better mortgage in moments GUIDES: Fixed rate vs variable OTHER STORIES 10 steps to equity release Great rat ... |
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June mortgage approvals rise
31 Jul 2006
source:
today.reuters.co.uk
LONDON (Reuters) - Mortgage approvals rose to their highest level in five months in June although growth in credit card lending slowed sharply to its weakest pace in nearly 12 years, Bank of England data showed on Monday. Consumer credit rose by 810 million pounds last month, less than the 900 million economists had predicted. But within that, credit card lending saw its weakest rise since Octobe ... |
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Mortgage approvals up but credit cards weak
31 Jul 2006
source:
today.reuters.co.uk
LONDON (Reuters) - Mortgage approvals rose to their highest in five months in June although growth in credit card lending slowed sharply to its weakest pace in nearly 12 years, Bank of England data showed on Monday. Consumer credit rose by 810 million pounds last month, less than the 900 million economists had predicted. But within that, credit card lending saw its weakest rise since October 1994, rising by a mere 43 million pounds. That contrasted sharply with the 0.9 percent gain in retail s ... |

