Credit card news, Apr - Jun 2008

Cards 'failed to kill cash'

30 April 2008

Cash is not being killed off by the popularity of credit cards, the British Retail Consortium (BRC) has claimed this week.

Cash 'more popular than cards'

29 April 2008

The use of credit cards is in decline as the credit crunch really begins to take a grip, it has been suggested this week.

Zero credit card has 'a trio of cheer'

28 April 2008

A new credit card has been released by Abbey, an item the company claims comes with no charge for foreign exchange, no fee for a balance transfer and moneyless cash advance.

Consumers 'want fantasy cash'

25 April 2008

Britons believe they need a "fantasy amount" of cash in order to fall back on and feel totally secure, it has been claimed.

Students urged to control finances

24 April 2008

Those studying at university have been urged not to get into financial difficulty as the credit crunch truly begins to hit the market.

Politician 'victim of card fraud'

23 April 2008

David Davis, the Conservative Shadow Home Secretary, has said that he has been hit by a credit card fraudster.

Pre-pay credit card eliminates need for credit

22 April 2008

A new product from UreLife - a debit card - ought to eradicate people's debts on credit cards, the firm has claimed this week.

Cash 'more popular' than credit cards

21 April 2008

A growing number of consumers are using cash as opposed to their credit cards as they attempt to minimise debts, a report from the British Retail Consortium (BRC) has said.

Balance transfers 'becoming limited'

18 April 2008

Consumers with credit cards looking to transfer their balance interest-free have been warned that the options open to them are dwindling.

Brits 'cutting back on spending'

16 April 2008

British consumers are having to lessen their outgoings as the impact of the credit crunch becomes more defined, it has been revealed.

Credit providers 'must act now'

15 April 2008

Service providers have been urged to be more transparent when dealing with consumers and to tell them the level of interest they are paying on credit cards.

Motorists 'to benefit from card service'

14 April 2008

Fresh chip and pin capabilities are to be offered to motorists at a petrol station in Heckmondwike, Yorkshire.

Tighter card security from BT

11 April 2008

A new BT Payment Card Industry compliance solution has been instigated by the firm this week, it announced.

Hints 'can beat fraud'

10 April 2008

Consumers should follow basic advice to make sure that they do not fall victim from credit card fraud, it has been claimed.

Assess finances and 'then start to save'

09 April 2008

A stringent assessment of finances could enable consumers to start saving money and not spend it on items such as credit cards, it has been claimed.

Card firms 'hurting consumers'

07 April 2008

Credit card companies are starting to hit consumers in new ways after missed repayment charges were capped by the Office of Fair Trading , it has been argued.

Cards 'used to fund mortgages'

04 April 2008

Credit cards are increasingly being used as a way for consumers to fund deposits for homes as money from other sources dries up, analysts have noted.

Consumers warned to choose credit cards carefully

02 April 2008

About £1.1 billion is transferred between credit cards on a monthly basis, according to new figures released by Sainsbury's Finance.

Budget 'can prevent debt'

01 April 2008

Consumers have been urged by Thomas Charles to live within a budget asp art of the bid to prevent large debts.



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