Credit card news, Jul - Sep 2006

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Sainsbury's invests £3.5m to combat ATM skimming

29 August 2006

Sainsbury's Bank will invest £3.5 million to tackle the growing wave of cash machine fraud in the UK.

Consumers unaware of credit record

24 August 2006

New research has shown that many consumers are unaware of their credit report and how the information affects their credit rating.

2006 Premiership credit cards launched

22 August 2006

MBNA has marked the beginning of the new Premiership season with a new football-related credit card rewards system.

UK consumer has 1.2 credit cards

21 August 2006

The average number of active credit cards held by a UK consumer is 1.2, according to new research.

uSwitch comments on new HSBC credit card

16 August 2006

uSwitch has commented on the launch of the new HSBC credit card which offers 0% APR on balance transfers for up to 12 months.

Apacs: Chip and PIN successful

15 August 2006

Apacs, the UK payments association, has announced the successful progress of Chip and PIN technology over the last six-month period.

Growth predicted in prepaid card market

14 August 2006

There will be around 2.3 billion prepaid card transactions taking place in Europe by 2010, according to new figures.

Credit card debt linked to divorce rates

11 August 2006

Debt that is acquired in the joint name of your partner accounts for 28% of all bankruptcies in the UK, according to a new report.

ID theft a growing problem

09 August 2006

New research has revealed that identity theft is an increasing problem in the UK and many people are unaware of the problem until they apply for a new credit card.

Preference for financial advice over fashion tips

08 August 2006

Britons are more likely to ask a friend for financial advice rather than pursue tips on fashion, home interiors or cars, according to new research.

Brits set on foreign holidays

04 August 2006

People in the UK are so set on going abroad for their holidays that many are ignorant of the holiday hotspots within their own country.

Barclaycard hit by higher debt defaulting

03 August 2006

Profits at one of the UK's main credit card companies have been hit by the number of consumers unable to repay their credit bill.

Credit cards still not number one for holidaymakers

02 August 2006

Cash is still the UK's favourite way of paying for things abroad, despite the increased popularity of using credit and debit cards.

Brits reaching for credit card this summer

01 August 2006

People in the UK are set to spend 35% more between July and September than they did a year ago.

UK opting for home entertainment

31 July 2006

People in the UK are being forced to find entertainment in their own homes by the rising cost of going out to eat and drink.

Credit card and debit card spending hits new high

28 July 2006

Consumers spent a record amount of money on their credit cards and debit cards in the first half of 2006

Credit card users advised to check the small print

27 July 2006

Many credit card providers have made the decision to stop offering 0% deals and are instead beginning to offer lifetime balance transfer deals

Calls made to raise minimum credit card repayment level

26 July 2006

Calls have been made for credit card companies to raise the minimum amount customers must pay back on balances every month.

Heatwave prompts Mediterranean credit card spending

25 July 2006

As soaring temperatures hit the UK, Britons are spending more on their credit cards and living a more Mediterranean lifestyle, according to a new study.

Sun, sea and safeguarding personal information

21 July 2006

Holidaymakers are being urged to take precautions and safeguard their personal information while abroad to avoid having their identity stolen.



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