Archive for the ‘News’ Category

Barclaycard has offered to reduce some of the borrowers’ minimum payments on credit cards to a small part of their arrears for this month. The small cut was offered because of computer errors. During November, some customers are asked to pay 25 percent of the amount they owe. » More: Barclaycard lends some hope

According to UK reports, over seven million credit cardholders in Europe and other parts of the country have fallen victim to credit card theft. ESTA (European Security Transport Association) says that around 20 percent of the Great Britain residents were targeted as debit and credit card fraud. » More: UK Reports on Credit Card Fraud

Fair Trading Offices has declared that credit card providers should be able to charge as much as €12 on late fees. OFT (Office of Fair Trading) feels that the recent fees for late charges are between 20 and 25 EUO dollars. They call this an unfair act. » More: Late Credit Card Fees UK

Usually it is the women that love to shop, but recent studies have shown that when it comes to online shopping men are using their credit cards to purchase more profusely.  Credit card use is up for men because they prefer the ease of shopping online instead of going to a store. » More: Men, Online Shopping and Credit Cards