Credit card news, Apr - Jun 2008

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Card criticised for correspondence

20 May 2008

Barclaycard has been criticised for urging to customers to withdraw money from ATM machines using their credit cards.

'Wealthier getting into debt'

19 May 2008

Richer people are getting into financial difficulty as a result of taking on cheap credit, Transact has said.

ATM upgrades due at Nationwide

16 May 2008

Customer service could be improved at one bank after it said that it was going to upgrade its ATM machines.

Muslims meet to talk debt

15 May 2008

Birmingham Muslims have met to discuss debt problems and how they can be solved at a special event.

Credit card users 'face confusing changes'

14 May 2008

Millions of credit card customers have been hit by changes to their accounts over the last 12 months, according to new research from uSwitch.com.

Young people 'have problems with debt'

13 May 2008

Disadvantaged young people in Britain are finding themselves struggling with "endemic" levels of debt in the form of credit cards, store cards and loans.

Debit cards rising in popularity

12 May 2008

Debit cards are becoming increasingly popular with British consumers, with spending increasing in 2007 by 11 per cent compared with the previous year.

Fine for ATM attacker

09 May 2008

A man who attacked an ATM machine in Swansea has been told that he must pay a £155 fine for the offence.

Thieves 'try to take chip and pin machine'

08 May 2008

Police have issued a warning to retailers after thieves attempted to take a chip and pin machine from a shop in Horley, Surrey.

New ATM campaign from Beiersdorf

06 May 2008

A fresh ATM advertising drive is set to be created by Beiersdorf UK as the firm attempts to promote the Nivea Visage Oxygen Power products.

'More debt' from crunch

02 May 2008

A large number of Britons will get into debt and have to declare themselves bankrupt this year as the credit crunch tightens its grip, it has been claimed.

Debt results from youngsters overspending

01 May 2008

Young people are getting into debt on their credit cards because they are spending money they do not have, it has been suggested.

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.