Problem debt takes 77 years to pay off
May 25, 2006
It now takes an entire lifetime to pay off problem debts at affordable rates, a new report reveals.
Citizens Advice reveals today the average person coming to them for help owes some £13,153 - a sum of money that would take 77 years to pay off at a rate they can actually afford.
This sum is up [...]
Living the holiday dream
May 25, 2006
As long-haul travel has become easier and cheaper in recent years, the dream holiday has become not so much a ‘once in a lifetime’ trip as a common ambition.
The land ‘down under’ in Australia and New Zealand is now seen as the ultimate dream holiday destination for many people in the UK according to the [...]
Barclaycard hit by bad debts jump
May 25, 2006
The £1 trillion British consumer debt bubble returned to haunt Barclays today as the international banking group warned investors of rising problem debts at its credit card arm, Barclaycard, and increased loan repayment difficulties among individual customers.
In an otherwise extremely bullish trading update to the City, Barclays said that “very strong income growth” at Barclaycard [...]
Card clone pair jailed
May 25, 2006
Two Hungarian men have been jailed for three years for running a credit card cloning factory from a property in Sutton.
Atilla Horvat, 27, and Gabor Szabor, 33, were found with 70 cloned credit cards after an alert shop security guard in Kingston town centre noticed them paying a lot of attention to a cash machine [...]
Visa is Europe’s ‘most trusted credit card brand’
May 25, 2006
Visa is the most trusted credit card brand in 13 out of 14 countries in Europe according to a poll of Reader’s Digest magazine subscribers.
The survey, the results of which were reported on Visa’s website, asked respondents to nominate brands they trusted the most out of a wide range of products, then rated the brands [...]
BT teaming up with Everton
May 25, 2006
EVERTON have linked up with telecoms giant BT to launch a fans’ loyalty card that doubles as their new season ticket.
The swipe card will give fans turn-stile access and collect points for a range of high street retail partners.
BT will gather and examine data from the card and other partners include Teamcard, which has a [...]
The right credit card pays for World Cup tickets
May 25, 2006
As the 2006 World Cup draws ever-closer, new advice means that savvy footy fans following their side in Germany can save themselves the cost of two tickets to a world cup game.
This is because the majority of credit cards charge people a premium for use abroad, retailers also cream off a little extra profit by [...]
Play your cards right
May 25, 2006
Credit card companies have been on an overdrive of late, trying to lure customers through various discounts and special offers. Co-branded cards — which offer numerous benefits through tie-ups with hotels, restaurants, retails outlets, airlines, insurers, oil companies etc — are the rage these days. One such co-branded credit card is the SBI Railway Card [...]
