Credit card firms 'will focus on high earners'
A return to the days when credit cards were status symbols brandished by the well-off could be on the horizon, according to a report published today. Precious Plastic, an annual analysis of the credit card market by the... [read full story]
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Consumer Borrowing On Personal Loans And Credit Cards Slows Down
Despite the credit crunch and economic slow down, last year saw consumer borrowing on personal loans and credit cards continue to increase, with an annual increase of around 8 per cent over the course of the year. But as we...
US credit card co profits to stay pressured -Fitch
NEW YORK, Nov 11 (Reuters) - Profits at U.S. credit card issuers will remain challenged over the near term amid high unemployment, bankruptcies and losses, Fitch Ratings said on Wednesday. Rating outlooks remain negative on...
US credit card co profits to stay pressured -Fitch
NEW YORK, Nov 11 (Reuters) - Profits at U.S. credit card issuers will remain challenged over the near term amid high unemployment, bankruptcies and losses, Fitch Ratings said on Wednesday. Rating outlooks remain negative on...
Do you deserve credit?
Your account has been frozen. Those who once had excellent scores now get the products that people with just good ones now get, those with good scores get now get `ok to poor' products and if you've a poor score … forget it....
Higher credit card charges for UK customers
Higher credit card charges for UK customers industry. PWC partner Richard Thompson was reported as commenting: "Lenders will be unable or unwilling to increase supply sufficiently to match demand. This will leave consumers...
Moneysupermarket raises credit card debt alert
Moneysupermarket.com is alerting Britons to the dangers of credit card debt, following a recent report from accountancy firm PricewaterhouseCoopers (PwC), predicting that rates are sure to rise. Research by the price comparison...
Credit card debt ignored by 31%
Almost a third of credit card users have no intention of paying off the balance of their card in the next six months, moneysupermarket.com has revealed. It appears borrowers between the age of 20 and 29 are the least likely to...
Credit card rates 'set to rise'
Monday, 09 November 2009 11:05AM by Martin Ellis: martin.ellis@uswitch.com Credit card rates 'set to rise' Credit card rates are likely to rise to adjust to the growing number of bad debts on lenders' books, it has been...
Shoppers lured into card payment trap
Shoppers are being lured into a lifetime of Unsuspecting borrowers pay three times more in interest on some cards than others, Money Mail has found. And it can take 16 years longer to repay a debt just by spending on the wrong...
How to Keep a Car Insurance Cost Down
Tony FrancisSurely, there are times where people who use credit cards experience stressful and depressing situations, especially when delinquency is involved. It is now a common to see consumers stressed because they have got...
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Richard Thompson, Finance, Banking & Insurance, Banking, Retail Banking, Credit & Debit Cards, Credit Cards
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