Articles Tagged With: Credit Cards

Consumers who can only afford to make minimum monthly repayments on credit cards may have debt problems, it has been suggested. Writing for lovemoney.com, Rachel Ronson said these are set at "ridiculously

Many consumers are still as reliant upon credit cards and borrowing money as they have been in the past, it has been claimed. Commenting after the Bank of England reported that lending to consumers increased

New government regulations on credit cards could help reduce the number of people seeking debt advice, it has been suggested. According to a spokesperson for the Consumer Credit Counselling Service CCCS,

As everyone knows, some from very bitter experience, it is really easy to get into credit card debt. One day it feels like you get a credit card, you spend a little on it, then you have to make a couple of bigger purchases, then you find that the interest rate increases and then before you know where you are, you suddenly end up owing thousands on your credit card.

The Saga Group has offered free debt advice to consumers, urging them to switch credit cards in a bid to reduce their outgoings. According to the firm, if all credit card providers had acted to reflect

Halifax has confirmed that it will continue to provide access to credit for both new and existing customers. The firm made the announcement after Natwest changed the way it administers credit cards, with

Current accounts are the one thing that pretty much all of us have, the BBC reported that according to the OFT there were at least 54 million active accounts in the UK so its not surprising that the current account market is worth £8bn. As Most of us are savvy about our savings, quick off the mark with mortgages and clued up on credit cards, why are we completely stuck in a rut when it comes to current accounts?

A debt management plan or debt management programme as it is sometimes referred to, is a form of debt consolidation. It is basically a way of consolidating your outgoings into one lower monthly payment without taking out a cash loan.

The term IVA stands for Individual Voluntary Arrangement. IVAs are available in England and Wales and can stop creditors from starting bankruptcy proceedings and potentially write-off a proportion of your overall debt.

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