Credit card news, Jul - Sep 2008

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Brits using credit cards to fund autumn and winter holidays

25 September 2008

People disappointed with the British summer are hoping to soak up some last minute sun by heading abroad this autumn and winter, new research shows.

Younger consumers 'more comfortable with credit cards'

23 September 2008

Younger people are more comfortable using credit cards while many older people still prefer to use cheques, it has been suggested.

Brits using credit cards to fund DIY projects

22 September 2008

As homeowners shelve plans to move house and look to improve their existing properties instead, many are using credit cards to fund their DIY projects.

Homeowners relying on credit cards to make mortgage payments

18 September 2008

Indebted homeowners are turning to credit cards to help them meet their monthly mortgage payments, new research has shown.

Balance transfer appetite 'remains strong'

16 September 2008

British credit card holders still have a strong appetite for 0% balance transfer deals, a new survey has found.

Credit cards 'offer holiday protection'

15 September 2008

Consumers should consider using their credit cards when booking holidays as they will be eligible for refunds if travel companies go bust, uSwitch.com has claimed.

Goldfish customers to receive new Barclaycards

11 September 2008

Barclaycard is to issue new credit cards to the 1.7 million customers it acquired with the purchase of Goldfish earlier this year.

Barclaycard launches new offers

05 September 2008

Barclaycard is launching two new introductory balance transfer offers on its OnePulse credit card for new customers to choose from.

Credit card customers urged to pay off balances

04 September 2008

Credit card customers are being urged to pay off their balances as soon as they can and avoid making minimum repayments each month.

Credit cards 'a better option than payday loans'

03 September 2008

Consumers struggling to meet day-to-day living costs could find that credit cards provide a better solution than short-term payday loans, it has been suggested.

Britons still reliant on credit cards

02 September 2008

Despite claiming to be budgeting more tightly, British consumers are still relying on credit cards to meet monthly outgoings, new research shows.

Over a third of students have credit cards

29 August 2008

Over one-third of students own credit cards and their average balance is just under £220, new research from Halifax reveals.

Credit card reward schemes 'should be more transparent'

28 August 2008

Greater transparency is needed with regards to the value of credit card reward schemes, Sainsbury's Credit Cards has claimed.

Consumers borrowing more on credit cards

27 August 2008

Consumers are borrowing more on credit cards as unsecured personal loans become increasingly difficult to obtain, research by uSwitch.com has revealed.

Holidaymakers urged to take care with credit cards abroad

26 August 2008

Holidaymakers are often "complacent" when using their credit cards abroad and do not take enough care to protect themselves against fraud, it has been suggested.

Credit card customers 'protected from scammers'

21 August 2008

Paying for concert and sporting events tickets by credit card means consumers are likely to be protected from scammers, the Trading Standards Institute has pointed out.

Halifax extends interest free credit period

20 August 2008

The interest-free credit period on Halifax's All-in-One credit card has been extended by a month.

Credit card spending on the increase

19 August 2008

UK consumers spent £92.6 billion on credit cards and debit cards in the second quarter of this year, an increase of 7.5% on the same period in 2007.

Consumers urged to do their credit card research

18 August 2008

Consumers are being urged to do plenty of research before taking out a new credit card in order to make sure they are getting the best deal.

Police cracking down on credit card fraud

14 August 2008

Police are taking a tough stance on credit card fraud and sending out a clear message to criminals, the Dedicated Cheque and Plastic Crime Unit (DCPCU) has insisted.



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