Credit card news, Apr - Jun 2008

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Machine 'eating bank cards'

30 June 2008

Residents in the Meads area of Sussex have said that a cash machine has been eating their bank cards and have called for help.

ATM machines 'do not charge'

26 June 2008

New ATM machines have been put in place by the Post Office in the UK, which are free of charge for multiple currencies.

Tips for hard times

24 June 2008

This week uSwitch.com has released a number of money-saving tips for consumers who may be coming under increased financial pressure due to the credit crunch.

Credit cards 'more expensive than in 2006'

19 June 2008

After comparing credit card fees now against when the base rate of interest was last at 5%, Defeqto.com has suggested that consumers are losing out.

Credit cards 'handed out minus checks'

18 June 2008

Service providers and consumers could be in trouble as unchecked borrowing on credit cards continues, it has been claimed.

Midlands' debt 'will hit people hard'

17 June 2008

It is only a matter of time before the debt owed by people in the Midlands catches up with people, one expert has suggested.

Norfolk 'debt problems escalate'

16 June 2008

More debt problems are now being seen in the Norfolk area and consumers there owe £16 million it total, it has been revealed.

Address measures 'being exploited'

13 June 2008

Criminals are beginning to take advantage of measures created in an attempt to protect consumers' credit card details, one outfit has suggested.

Chip and pin for Chippenham station

12 June 2008

Fresh chip and pin facilities are to be introduced at a petrol station in the Chippenham area to help improve services for motorists, something that may of interest to those with credit cards.

Cotton Traders' cards hacked

11 June 2008

Personal credit card details of those using the Cotton Traders website have been accessed by hackers, the firm revealed.

Over-55s 'hit most by crunch'

09 June 2008

People over the age of 55 are being hit more than anybody else by the credit crunch, new figures have suggested.

Visually-impaired man seeks payment method

06 June 2008

A man in Bury St Edmunds has urged more retailers to begin using chip and sign forms of payment, something that may be of interest to those with credit cards.

'Record complaints' over credit cards

04 June 2008

A record number of complaints concerning credit cards were made to the Financial Ombudsman Service (FOS) in the past year, the Chairman has said.

Rate will be 5% 'at the end of the year'

03 June 2008

The base rate of interest is likely to sit at about 5% by the end of the year, the Centre for Economics and Business Research (CBER) has noted.

ATM machine 'failed to give out money'

29 May 2008

A man from Cheshire is set to make a complaint after claiming that an ATM machine did not give him money, something that may be of interest to those with credit cards.

Saturdays 'expensive' for Brits

28 May 2008

UK consumers are making large purchases via their credit cards on Saturdays, according to fresh research.

ATM machine tampered with

27 May 2008

Consumers in Shiremoor, Newcastle, have been urged to be vigilant after police discovered that an ATM machine had been altered.

Easy years 'could be over'

23 May 2008

As the credit crunch starts to take hold, consumers should ensure that they manage their finances effectively and not get into debt, it has been claimed.

New credit card from American Express

22 May 2008

A new credit card has been launched this week by American Express, called the Blue Sky Card.

DIY 'can damage finances'

21 May 2008

Home insurance firm Zurich has said that many Brits who carry out DIY work this bank holiday weekend will make mistakes and have to pay to rectify them.