Posts Tagged ‘credit card’

Ditch Credit Card Debt

Sunday, June 5, 2011 9:12 No Comments

Credit card debt is bad debt, end of story. Interest rates are high, so paying it off should be your priority.
Step 1. Understand the numbers
If you are only making tiny payments each month, say you will only be only paying off the interst, it won’t reduce the sum you owe. For example, if you own [...]

This was posted under category: Banking and Finance Tags:

Scandal of Over-charge for Debit Card Fee

Sunday, May 8, 2011 11:31 No Comments

Though it only cost 20p to process a debit card payment and no more than 2% of the transaction value to process one on a credit card, a number of companies are charging much higher fees.
For example, estate agents Foxtons are charging people £25 on debit cards payment of a £5,000 deposit to rent a [...]

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Credit Card Giants Cashing in as Interest Rates Hit 19%

Saturday, May 7, 2011 10:19 No Comments

Credit card interest rates have increased ever since January. Though the Bank of England holds the base rate at the historical low level of 0.5%, the average rate now stands at 19.1%. Credit card companies have increased their interest rates by between 0.6-2%.
Santander, the Spanish banking giant that owns Abbey, is now charging the highest [...]

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Using your Credit Card Wisely

Thursday, June 10, 2010 7:53 No Comments

Credit card debt is something that is common to many people as the idea of buy something now before hand and pay later is very popular. But people who have this type of financial mentality often find themselves with a large amount of credit card debt because interest rates at this economy times.
Many people often [...]

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What’s the Component in the Financial-Overhaul Bills?

Saturday, May 22, 2010 11:31 No Comments

For consumers trying to figure out what the financial and overhaul bill means to them, that legislation in the Senate Thursday offers some tantalizing possibilities.
A last-minute Senate would also lower the fees that merchants pay to process many debit card transactions. If the banks revenue as a result, they could make up for it by [...]

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Avoid Credit Card Trap

Sunday, March 14, 2010 17:17 No Comments

These days, it is becoming increasingly easy for people over 18 years old to get a credit card. As long as you have got a identity prove, a valid address, and a bank account, you could get a credit card from the credit card providers. Great convenience has been brought forwards.
As it is becoming increasingly [...]

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A Quick Reminder About Getting Credit Card

Friday, March 5, 2010 20:26 1 Comment

It is just a quick reminder about getting credit cards.
Most people might not be aware of the fact that some according obligations when applying for a new credit card. Informing the credit card provider when moving to a new address is very necessary. Most credit card companies will say it is for your own good [...]

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