January is "payback time" for credit card users by Finance News Bulletin

Published: 14/12/07

As a figure of fee and rate increases hits the credit card market, it is "more important than ever" that people shop around for a good contract, according to WhichInternet shoppers have been advised to use their credit cards for online purchases by shopsafeco

ukJanuary could be an effectual starting point for those that want to clear some of their credit card debts accrued over the Christmas era, it has been affirmedCredit referencing agency MyCallcredit, which says that 31 million consumers may have spent a sum of £114 billion on credit during the festive period, is offering instructions on monitoring levels of debt and organization them effectively

These include paying off more than the smallest amount amount on credit card balances - MyCallcredit recommends repaying ten per cent of the journal totalIn addition, it advises customers to prioritise and pay off the cards which have the highest amount of interest firstIf unsure of how much is owed, borrowers can also get a copy of their credit report to check what is due to be repaid to each company"It is more important than ever that people monitor their debt situation and financial plan to pay back any overspending," supposed Melanie Mitchley, a spokesperson for the company

Consumers looking to merge their debts could also apply for

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