Credit card fraud figures cause concern - Published:10/05/07
CREDIT CARDS near to the ground RATE CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSA financing manufacturing expert has expressed concerns about the revelation that several types of deception have increased over the past year, including credit card application fraudinformation from Cifas, the UK's deception prevention service, indicate that there were 19,239 instances of application fraud to get financing products such as a credit card in the first quarter of 2007, up 12 per cent on a day agoMeanwhile, the figures also reveal that current and previous address fraud greater than before 16 per cent to 12,690 casesCommenting on the figures, Peter Hurst, leader executive of Cifas, asserted that they indicated "a worrying escalation" in several types of deception"The scale of deceptionulent activity is disturbing," he continued "It emphasises the need for businesses constantly to be attentive when dealing with applications"In other credit card news, monetary services provider Barclaycard recently unveiled a new Breathe credit card, which is designed to plea to eco-minded customersAs part of the setup, the credit card specialist has announced that it will contribute 50 per cent of all profits made from the credit card to environmental projects around the earthHalf of credit card holders not receiving rewards, financing learn indicates - Mon, 26 Mar 2007Financing implications of ethical baby crop outlined to credit card users - Tue, 20 Mar 2007Think carefully before receiving a charity credit card, financing analyst advises - Tue, 06 Mar 2007Credit Cards | commerce Credit Cards | Balance Transfers | near to the ground Rate Credit Cards.
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Credit Card Fraud Figures Cause Concern >>
Student Barclaycard condemned for irresponsible lending - Published:21/11/06
Debt campaigners have condemned Barclaycard after it announced that it has doubled the amount of credit on offer on its scholar cardThe Student Barclaycard will now offer scholars an immediate £600, twice last day's £300 limit, charging 149 per cent on purchases and cash withdrawalsConsumer groups supposed that students should not use credit cards at all, and certainly not at the very beginning of their first term at institution of higher education"Spending on credit cards should be avoided wherever possible," take legal action Edwards of people Advice told the TimesOthers added that credit card companies are reliant on gimmicks to sketch student credit card customers, in Barclays' container the offer of interest-free credit for a Dell pc"Our advice to students would be to make use of the cheaper forms of credit obtainable to them, such as scholar loans and interest-free overdrafts, before turning to credit cards of any kind," said Frances Walker of the customer Credit Counselling overhaulMoneyExpert Limited is authorised and regulated by the monetary Services Authority (FSA Registration No 301654) The monetary Services Authority does not regulate some forms of mortgage contract, praise.
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Student Barclaycard Condemned For Irresponsible Lending >>
When taking out loans 'do your homework' - Published:30/10/06
Every day approximately 65 million people take out a personal loan, according to leading financial advice site trickcoukIt is absolutely vital for one to carry out the required amount of investigate before embarking onto a loan, the advisor statesBarclaycard's offer of a £5,000 loan at a 59 per cent APR is one of the most popular of these loansHowever, Direct row also offers one of the more popular loans available, £5,000 at a 61 per cent APR, which means that one would disburse back approximately 5,47056For borrowing money over shorter periods of occasion, an overdraft or a zero per cent credit card may be a better deal, according to trickcoukBut for amounts in surplus of a few thousand pounds, then a personal loan with a low rate of interest is no doubt the best tacticEarlier this week the financial policy committee of the have an account of England decided to keep the bottom rate at 475 per centMoneyExpert Limited is authorised and regulated by the Financial military Authority (FSA Registration No 301654) The monetary Services Authority does not regulate some forms of mortgage contract, credit cards, personal loans, present accounts and deposit.
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When Taking Out Loans 'Do Your Homework' >>
