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Analyst note: Credit card lenders
7 Jan 2008 source: iii.co.uk

(AFX UK Focus) 2008-01-07 19:33 GMT: Analyst note: Credit card lenders


General Electric considering withdrawal from UK store card market - report ...
6 Jan 2008 source: iii.co.uk

LONDON (Thomson Financial) - General Electric is considering withdrawing from the 2.5 bln stg UK store card market, in which it is the leader, according to The Mail on Sunday. GE's consumer finance arm, GE Money, is understood to be conducting a strategic review of its store card portfolio following criticism over the high charges associated with the cards, the newspaper said. The company operat ...


Debt fear may push UK store card giant out
6 Jan 2008 source: thisismoney.co.uk

Ben Marlow, Mail on Sunday6 January 2008, 9:51am America's General Electric is considering a dramatic exit from the controversial £2.5bn UK store card market, where it holds the number one position, senior bankers have told Financial Mail. WANT TO KNOW MORE? The high cost of store cards Households will face borrowing crunch Mortgage approvals sink Why I'll never use storecard ...


Sainsbury's: Credit card deals should be sought in 2008
2 Jan 2008 source: moneynews.co.uk

Wed 2nd Jan 2008 Consumers would be well-advised to review their finances and shop around for credit card deals, Sainsbury's Bank has suggested. Head of cards and Sainsbury's Bank Donald MacLeod said that taking stock of finances is "key" for the coming year. He advised Britons to shop around and try to find a better deal than they currently have and "take advantage of th ...

 

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