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10,000 In Credit
$10,000 In Credit..Guaranteed! Go to http://www.jeenterprises.net,000.htm About the Author
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Desperate For A Credit Card? How To Have Any Credit Card You Desire
As discussed in my popular report, "How to obtain a first class credit rating", starting with little more than $500, it is possible to build up your credit ratings with banks to allow you to borrow considerable sums of money.
As long as you have...
Five Tips When Choosing a Credit Counselor
If you are faced with bankruptcy and need to deal with a credit counselor, beware. Some are legit and some are just scam artists taking advantage of your weakness.
1. Face-to-Face Advice. Find someone you can see and talk to in person. You can...
How to Handle and Avoid Credit Card Debt
If you are trying to avoid credit card debt, it probably seems like the entire world is working against you. Anyone with a mailbox receives hundreds of credit cards offers every year. And although credit cards can be lifesavers when used...
No Fuss Credit Card Application
Today's consumers want the least possible hassle, processing
time and related fees when they make credit card applications.
One question that immediately comes to mind is acceptance.
Credit card applicants generally should not worry if they...
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Plastic probe by OFT welcomed – but Moneynet warns credit card companies may look to ramp up other charges
Plastic probe by OFT welcomed – but Moneynet warns credit card companies may look to ramp up other charges
Credit card holders advised to study the small print and be prepared for card companies to go on offensive in wake of OFT investigation into high charges, says Moneynet
CREDIT card companies may be looking to increase profits via alternative ‘stealth’ charges following this week’s decision by the Office of Fair Trading (OFT) to consult with eight major credit cards on what the watchdog deems to be excessive credit card charges.
Richard Brown, chief executive of Moneynet.co.uk Moneynet.co.uk – the online financial data comparison site, said he welcomed the OFT’s decision:
“But we are concerned that credit card providers may simply attempt to recoup their lost
income via higher charges for all.
“Moneynet recommends credit card customers consider their options before taking out a card -and take into account all charges as well as the headline interest rate”, said Brown.
A charge of around £20 to £25 is currently payable if a cardholder fails to pay a credit card bill on the due date, exceeds the credit limit, or pays on time but by a direct debit or cheque that is not honoured.
In a statement earlier this week, the OFT said it believed it is ‘unfair for the purposes of contract terms regulation to require a consumer who defaults in one of these ways to pay a disproportionately high charge.’
About the Author
Moneynet press enquiries:
Richard Brown, Chief Executive, 020 8313 9030
Consumer enquiries:
info@moneynet.co.uk
http://www.moneynet.co.uk
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