Credit Cards

Why 'Project Fear's' Brexit Predictions Could Be Coming True After All

The Huffington Post | George Bowden | Posted 05.08.2017 | UK

“Let’s just remember what a shock really means,” David Cameron told factory workers last March. “It means jobs being lost. It means mortgage r...

Are You Worried About Credit Card Debt? Put It In Writing

Michael J MacMahon | Posted 07.11.2016 | UK
Michael J MacMahon

"The amount UK consumers owe on loans and credit cards grew by £1.9bn in March 2016, the highest figure in 11 years, driven by a sharp rise in spendi...

After 50 Years of the Credit Card, We Need to Look at Its Link to Problem Debt

Mike O'Connor | Posted 05.07.2017 | UK
Mike O'Connor

It's 50 years since the launch of the credit card. I cannot remember the launch itself, but I have had at least one for most of that time. I am far fr...

London's Fintech Boom Needs the EU

Jem Bendell | Posted 11.05.2017 | UK Politics
Jem Bendell

As the UK economy slows and heavy industry continues to recede, politicians of all stripes will be hoping the burgeoning financial technology or "fint...

How to Beat the Car Finance Crooks

Sarah Willingham | Posted 05.04.2017 | UK
Sarah Willingham

New registration plates came out last month and I have already seen a fair few 16 plates tearing around the Oxfordshire countryside. However, I am not convinced that driving a brand new shiny car off the forecourt is really the best option for the savvy buyer and there are actually lots of bargains to be had buying a car second hand but it can be daunting as you are dealing with a lot of money and you have to trust the person you are buying it from.

How Your Credit Card Details Can Be Stolen In Three Seconds

The Huffington Post | Nitya Rajan | Posted 17.03.2016 | UK Tech

New footage has revealed how terrifyingly easy it is to steal someone's credit card details. Security cameras at a petrol station in Miami Beach, Flo...

January Blues

Kathryn Berens | Posted 11.01.2017 | 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. ...