Credit card news, Jan - Mar 2007

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1 in 3 will resort to using credit cards to counter debt threat

17 January 2007

According to research carried out by the independent price comparison and switching website uSwitch.com, 33% of households will resort to using credit and store cards this month as a way of keeping on top of their personal finances.

Yorkshire Bank offers free credit transfers

16 January 2007

Yorkshire Bank is offering all new credit card customers free balance transfers until February 28th to encourage consumers to transfer their credit card balances to a six-month 0% introductory deal with Yorkshire Bank or Clydesdale Bank.

Debt firm introduces pre-paid credit card

12 January 2007

Consumers who have been denied credit cards in the past because of their debt problems will welcome the news that EuroDebt Financial Services will provide their customers with a prepaid credit card, provided that they earn a regular income.

Geminis are biggest credit card sinners, according to Apacs

10 January 2007

A surprisingly light-hearted survey carried out by the UK payments association Apacs branded Geminis as the least financially responsible when it came to dealing with credit cards.

Bank details can be stolen from chip & Pin fraud, say researchers

08 January 2007

Chip & Pin technology is no longer fraud-proof as researchers prove that the payment pads can be used against consumers to help fraudsters gain access to their accounts.

Credit card gamblers to be hit by HSBC rates

05 January 2007

From February 1st, HSBC will charge its customers the cash advance rate on all credit card gambling transactions rather than the normal purchase rate on all online gambling transactions.

Which? issues credit card advice

04 January 2007

January sales and festive hangover debt can make credit cards an attractive offer for consumers, which is why consumer watchdog Which? has issued credit advice to prevent shoppers from falling into further financial problems.

Consumers hit by new year credit card crash

02 January 2007

Thousands of consumers were left unable to fund their festivities on New Year's Eve after a technical glitch led to credit cards being rejected, reports the Sun.



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