Credit Cards

January Blues

Kathryn Berens | Posted 11.01.2016 | UK Lifestyle
Kathryn Berens

Rather than languish in a mire of irritability on my own, I have decided to share with you those things which are really getting my goat this January - after all, a problem shared is a problem halved...or so they say.

€730 Million a Year: Consumers to Benefit From Cap on Card Payment Fees

European Parliament Web Team | Posted 11.05.2015 | UK Politics
European Parliament Web Team

Consumers can look forward to estimated savings of €730 million a year under new EU rules on card payment fees. Legislation approved 10 March by the...

Payday Loan Price Cap is Part of New Lending Landscape

Russell Hamblin Boone | Posted 17.03.2015 | UK
Russell Hamblin Boone

Into 2015 and beyond we can expect to see fewer lenders granting fewer loans, resulting in a greater dependence on state support and rise of the grey and black markets.

Tackling Debt Must Become a National Priority

Mike O'Connor | Posted 09.03.2015 | UK
Mike O'Connor

Debt is a serious problem. It is not just a problem for those unfortunate enough to be struggling with financial difficulties, but for all of us - debt costs society £8.3billion. These costs come in the form of additional health care costs, increased welfare spending, and reduced workplace productivity.

Household Finances on the Edge

Peter Tutton | Posted 09.06.2014 | UK Politics
Peter Tutton

Our major survey of British family finances finds that 15 million people are already showing signs of financial difficulty, 13million wouldn't have the savings to keep up with their essentials bills for a month if their income dropped by a quarter, and 16million would consider using unsecured credit to keep up with essentials.

Failed Romances Can Cost More Than a Broken Heart

James Jones | Posted 21.05.2014 | UK Lifestyle
James Jones

One in eight people say they have been impacted by a current or former partners' bad credit rating, while a further 5% have admitted that they have had a negative impact on their partners' credit worthiness.

Many Help to Buy Hopefuls Are Ill-Prepared for the Scheme

James Jones | Posted 01.04.2014 | UK Politics
James Jones

Help to Buy is bringing homeownership to within touching distance for thousands of younger buyers earlier than they may have thought possible. But it's important to remember that the deposit is just part of the equation and consideration must be given to how much you can afford to borrow - and crucially repay in the years to come.

Ten Financial Resolutions to Save You Thousands

Sarah Willingham | Posted 04.03.2014 | UK Lifestyle
Sarah Willingham

Like most people, I have eaten too much, certainly drunk too much and spent a fair bit of money on gifts and entertainment. However, as 2014 begins, we can all take stock and make some big financial resolutions that require minimum effort but will provide BIG rewards!

Payday Lenders Have Their Place

Naomi Kerbel | Posted 07.11.2013 | UK Politics
Naomi Kerbel

Even though the industry has been heavily criticised - Labour Leader Ed Miliband has said Wonga is "running riot through our communities" - there is clearly a huge need for access to small values for short periods.

Are You One Of the 7m Mis-Sold Credit Card Or ID Theft Insurance?

PA/The Huffington Post UK | Posted 22.08.2013 | UK

If you bought a card or identity theft protection policy from a bank or a firm called Card Protection Plan Limited (CPP), you may in line for compensa...

Spend Less, Save More and Be Happy by Setting and Achieving Financial Goals

Alex J. Campbell | Posted 05.10.2013 | UK Lifestyle
Alex J. Campbell

The current 'see it, buy it' credit card culture has meant that for many people financial goals no longer exist. However, many major financial commitments such as buying a property, saving for retirement or investing in your business can't be paid for by credit card and take real planning and dedication to save for.

Manic Spendathons

Kerry Hudson | Posted 06.05.2013 | UK Lifestyle
Kerry Hudson

If there's one thing I learnt in CBT (Cognitive Behavioural Therapy) it's that we have to take something positive from every negative experience. Or w...

Why Smart Retailers Said Goodbye to Cash

Preetam Kaushik | Posted 12.04.2013 | UK
Preetam Kaushik

The main things you need to take care of, is to make things easy for your clients and customers. In doing so, you naturally make them like you and your business. Also, with add-ons like credit card reader apps, you also ensure that transactions are a matter of seconds irrespective of where you are.

Better Best Forgotten?

Owen Roberts | Posted 18.12.2012 | UK Lifestyle
Owen Roberts

Your credit report is all about you, not your address, not your family members, not even your pets, just you. If someone who lived at your address before didn't pay their bills this won't turn up on your credit file, it will turn up on theirs. So that's one less thing to worry about.

No Such Thing as a Free Lunch? In That Case I'll Have a 'Double Dip' Recession With Chocolate Bits and strawberry Sauce Please

Daniel Warner | Posted 03.12.2012 | UK Lifestyle
Daniel Warner

Are we in the double dip or have we come out the other side and are now going down for the third time? Am I supposed to be cutting back, giving some slack or just cutting corners on the luxury and only buying the necessary?

MPs Reject Pay Day Loans Reform

Posted 23.05.2012 | UK Politics

An attempt to clamp down on the cost of borrowing from pay day lenders has been defeated in the Commons. MPs voted by 266 to 225, majority 41, to r...

Global Online Fraud Crackdown Recovers £500m Worth Of Credit Cards

Huffington Post UK | Michael Rundle | Posted 26.06.2012 | UK

A major international crackdown on websites selling credit card details has seen several top websites taken offline by organised crime police. More...

Small Businesses Face Growing Data Risks

Matt Norris | Posted 03.06.2012 | UK Tech
Matt Norris

Cyber crime is growing. In 2011, Trustwave, the cyber security firm, performed 42% more investigations into suspected data breaches than in 2010 - largely due to a jump in sophisticated hack attacks on companies' computer systems. That is why it is so important for businesses to be aware of the risks they face online and how they can protect themselves.

Payback As Consumers Choose to Shrink Debts

PA | Posted 31.01.2012 | UK

A record £400 million was repaid from personal borrowings in December as consumers continued to shrink their debts, the Bank of England has saidy. ...

Business Struggle To Pay Bills After Turning To Credit Cards

PA | Posted 29.03.2012 | UK

An increasing number of businesses are struggling to pay their tax bills after new figures show a growing number are using credit cards to make their ...

Peter Guest

Pawnbrokers Shrug Off 'Dickensian' Image As Consumers Lose Faith In Banks | Peter Guest | Posted 14.01.2012 | UK

In the Victoria branch of T.M. Sutton pawnbrokers, between the glass cabinets of designer watches and jewelry, is a life-sized bronze statue of Elvis ...

British Council Accused Of Spending Public Money on Spa Days And Cinema Trips

The Huffington Post UK | Sarah Marsh and Chris Wimpress | Posted 05.01.2012 | UK Politics

A furious war of words has broken out between the Taxpayer’s Alliance and the government over claims that members of the British Council have wasted...

Payment Surcharges Debunked: How Much Are You Being Charged?

PA | Posted 23.12.2011 | UK

Payment surcharges - extra fees added to the price of a purchase based on a consumers' choice of payment - have become increasingly widespread. The...

Crackdown On Hidden Credit Card Charges Culture

PA | Posted 21.02.2012 | UK

The government is to block firms from using "hidden" credit and debit card surcharges to ramp up the price of flights, concert tickets and other goods...

Calling Time on Low Pay

Matthew Butcher | Posted 29.01.2012 | UK Politics
Matthew Butcher

Low pay it is having a deeply damaging effect on the lives of children in Britain. These children, whose parents, according to UNICEF, 'often work long hours or work several jobs to makes ends meet', face a long list of disadvantages: greater risk of obesity, heart disease and mental health problems.