Credit Cards News

Fri 19th Jan 2007 Spending on the plastic decreased during 2006 for the first time in 14 years with credit card expenditure lowering by £1.8 billion on the previous year. The figures were released by the British Bankers' Association (BBA) and showed that consumers were increasingly looking toward mortgage lending - this sector displaying a rise of £5.8 billion in 2006. Other ...

This is Money19 January 2007 Consumers borrowed less on credit cards for the first time in at least 14 years, figures for 2006 revealed today. WANT TO KNOW MORE? DEAL FINDER: Great card deals GUIDES: Dealing with debt SWITCH & SAVE: Cut your bills CARD DEALS: The best balance transfer deals POLL: What do you expect to happen to your level of debt in 2007? OTHER STORIES Tesco ...

James Coney, Daily Mail17 January 2007 Think carefully before deciding on the best way to pay off debts you have stacked up during Christmas and the January sales. WANT TO KNOW MORE? DEAL FINDER: Credit cards TOP CARDS: Our best buys DEALING WITH DEBT: Advice & tips POLL: How do you manage your credit cards? OTHER STORIES Balance transfer bonanza The top five credit report m ...

Sascha Hutchinson, This is Money17 January 2007 Reader comments (1) Banks and lenders earned an extra £624m in overdraft charges and increased card APRs last year, as they sought to fight back against the OFT's decision to cap credit card default charges at £12. EXTRA INCOME: Increased APRs and overdraft rates netted the banks an extra £624m last year OTHER STORIES Homeowners face rate crunch Market report: Wednesday latest 4m switch energy provide ...

LONDON (AFX) - Paying off credit or store cards with large post-Christmas balances may result in water customers not being able to put money aside for upcoming water bills, the Consumer Council for Water said. Council chairman Dame Yve Buckland said she was concerned people "may feel the pressure of a large credit card bill, and pay off a considerable amount at once to try and reduce it quic ...