Credit Cards News

LONDON (Reuters) - The country's consumer watchdog is set to publish the results of months of negotiations with credit card issuers, outlining its next move after it told firms in April to slash penalties for the late payment of bills. "Over the next few weeks, we will be announcing the results of our consultation and where we would go next," a spokeswoman at the Office of Fair Trading (OFT) said ...

James Coney, Daily Mail23 August 2006 NATIONWIDE BS has increased both the interest rate on its Classic credit card and the cost of card protection insurance. WANT TO KNOW MORE? DEAL FINDER: Credit card CAMPAIGN: Join our campaign against PPI OTHER STORIES Going bust, the wannabe WAGs It's good to talk New on the market Credit cards claw back lost fees Cap threat for doorstep  ...

LONDON (AFX) - GUS PLC, the retail and business services group, said its Argos Retail Group (ARG) division has created a joint venture with Barclays Bank PLC to develop an Argos credit card and personal loan products for Argos and Homebase. ARG said its existing Argos and Homebase store card operations are not impacted. newsdesk@afxnews.com jdd/nes COPYRIGHT Copyright AFX News Limited 2005. All ...

Mon 21st Aug 2006 New research suggests that almost half (45 per cent) of UK adults carry at least one credit card they don't use, says Morgan Stanley. And of those idle cards, the largest number (33 per cent) were picked up for a low introductory rate that has since expired, leaving the card unused. Men are worse for collecting cards than women, with an average of 2.2 cards each compar ...

AN increasing number of women are becoming bankrupt crippled by credit card debts and soaring household bills, research has revealed. The proportion of women bankrupts has risen from 42 per cent to 44 per cent over the past year, according to accountants Wilkins Kennedy. Since 2002, the figure has risen from 32 per cent to 44 per cent. Keith Stevens, insolvency partner at the firm, said if the t ...

Helia Ebrahimi, Mail on Sunday20 August 2006 A COMPUTER glitch has left up to 15,000 Morgan Stanley credit card customers out of pocket after they were billed for bogus interest charges. WANT TO KNOW MORE? Ten steps to reclaim bank fees DEAL FINDER: Great credit cards BEST BUYS: Top credut cards OTHER STORIES India giant wants UK lottery A new deadline for BAA inquiry Market Rep ...