Credit card debt problem has always been there and also the methods to eliminate them. The solution to these unsecured debts has declined to unimaginable limits during the recession period. During the consecutive two years of recession the financial institutions had almost reached to insolvency. When it posed threat to the economy of entire country [...]
One of the most popular credit card deals on the market, the 0 per cent balance transfer card, could disappear after the Government introduced a series of measures to tighten up lending rules, experts have warned. The 0 per cent balance transfer card allowed millions of consumers to switch their debts from one card to [...]
Online bank fraud doubles in two years Online banking fraud has doubled in the last two years, with customers losing £60 million from criminals last year. Official figures from the trade body UK Payments Association indicated that online banking fraud increased to £59.7 million last year. This was an 18 per cent increase on the [...]
Having a credit card is both a curse and a blessing. Most credit card holders have a love-hate relationship with their cards. It seems that the fast changing lifestyle is the reason why being in debt is a major social problem in the world. A recent survey revealed that consumer debt in personal loans alone [...]
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