Feature Article #1

The controversy over credit cards heightens

Over recent months there has been increasing controversy in relation to credit card providers in the UK, but over the past couple of months this has really heated up, with many accusing credit card companies of fleecing their customers. One of those making this accusation is no other than the Prime Minister himself, Gordon Brown, [...]

admin | December 21st, 2008 | Continued

Feature Article #2

Could you benefit from using a credit card instead of a debit card?

There are millions of people that use credit cards to make purchases such as day to day purchases or special occasion purchases like Christmas shopping, but an even greater number of people tend to use debit cards to make these purchases. Whilst both credit and debit cards can prove convenient for making purchases some industry [...]

admin | December 12th, 2008 | Continued

Feature Article #3

PM sends warning to credit card providers

The Prime Minister, Gordon Brown, has sent a message out to the UK’s credit card giants, warning them to stop fleecing consumers with sky high interest rates. The financial news has been filled with stories about how credit card companies are still charging extortionate rates on interest on borrowing even though the base rate has [...]

admin | December 10th, 2008 | Continued

Feature Article #4

How retailer traps can end up costing you more at Christmas

When it comes to Christmas we all prepare ourselves for having to spend more money, as this is traditionally very expensive time of year where people tend to splash out on gifts, extra food, drink, entertainment, socialising, and new clothes amongst other things. However, this year is slightly different in light of the financial problems [...]

admin | December 2nd, 2008 | Continued

Feature Article #5

Tips to minimise the changes of rejection for credit

In the past getting turned down for credit was a problem for some people but for most getting credit was relatively easy, and people flocked to take out loans, credit cards, mortgages, and other forms of finance. However, the days of easy credit have long gone, and these days lenders are far stricter with regards [...]

admin | October 19th, 2008 | Continued

About this Site

Creditcardsweb.co.uk is fundamentally a commercial site that aims to give the best choice, range and advice that the internet has to offer on UK credit cards.
In addition to the many credit articles and financial tips we also offer many easy comparisons of credit card deals in the UK. If possible we will insert [...]

Other Recent Articles

Credit card debt could mean losing your home

According to recent reports some people that have credit card debt that they cannot afford to repay could end up losing their homes over the debt, even if the balance is only as small as one thousand pounds. Industry experts have said that some people could be forced to sell their homes to pay off debts as small as this as a result of a legal loophole known as a charging order. For many this is yet another risk with regards to losing the roof from over their heads.

Credit cards being used for different payments

Over the years credit cards have been used by millions of people for a wide range of purchases and purposes, with some using their credit cards to make larger purchases such as paying for a holiday and others using their cards to pay for purchases at certain times of the year such as Christmas and birthdays. However, over the past twelve months people have become far more reliant on credit cards for a wide range of other purposes to get them through a difficult financial period.

Start looking for balance transfer cards for New Year financial hangover

Every year many of us go through the all too familiar process of trying to get over the financial hangover from Christmas, and this year this could prove to be a particularly harrowing time as a result of the ongoing global credit crunch and the recession, which is making finances even tighter for most people. The New Year could be even worse for many people who have run up debts on their credit cards from spending over the Christmas and New Year period.

Reports of increased credit card fraud levels

Recently released figures have shown that there were £300 million worth of credit card fraud related losses in the first half this year, with the first six months of the year seeing credit card fraud levels rise. The figures indicate that in the first half of the year there was a rise of 14 percent in credit card fraud levels compared to the same period in the previous year.

Ultimatum given to credit card companies

Credit card issuers have recently been given an ultimatum by the government with regards to the charges, fees, and interest rates that they are charging consumers. Government officials have said that credit card firms need to take action and make things fairer for borrowers otherwise they will have to intervene to ensure that this gets done. The credit card companies were given a deadline by which time they needed to ensure that measures had been put into place to comply with the government’s wishes.

Some could be wasting money by using debit cards instead of credit cards

In the run up to Christmas many people will be hitting the shops and spending a fortune, despite the global credit crunch, and many of these people will be spending the money on their debit cards. Recent figures have shown that around 40% of consumers tend to also do their day to day shopping using a debit card, where as only 20% or so tend to use a credit card to do this sort of shopping.

Lower monthly repayments could lead to longer credit card debt and more interest

A recent report has highlighted how millions of consumers could face many decades of credit card debts and could be left paying a fortune on their credit card balance due to changes being made to their required minimum repayments.

Many paying mortgage and bills with credit cards

Over the past year, with inflation soaring and the cost of living rocketing, many households have experienced difficulties when it comes to meeting their mortgage repayments, paying their rent, or paying their bills.

Reduced number of 0% balance transfer deals on market

0% balance transfer credit cards have become increasingly popular over recent years, and many people have saved a small fortune in interest by transferring their existing high interest credit card balances onto an interest free balance transfer credit card. With these 0% balance transfer cards consumers are able to enjoy an extended period of interest free credit on transferred balances, and providing the total transferred balance is repaid within the interest free period no interest is charged on the debt.