Fears For US Credit Card Market
November 23, 2007 | Leave a Comment
There are new fears for debt in the United States, with concern that $415bn of credit card debt there could be sucked into the void created by the credit crunch.
City Hopes For Rate Cuts in 2008
November 22, 2007 | Leave a Comment
City economists are forecasting that 2008 will see three interest rate cuts. The Bank of England’s quarterly inflation report showed that the Bank was becoming more concerned about the potential slowdown in the UK economy following upheaval in the world’s financial markets.
Shop Around Now To Get A 0% Transfer Card For Your Christmas Spending
November 21, 2007 | Leave a Comment
Credit card provider have tightened their lending criteria and increased the cost of borrowing, which will make life harder for consumers in the busy spending period leading up to Christmas.
Credit Card Fees On The Rise
November 20, 2007 | Leave a Comment
The past month has seen the introduction of an incredible 31 different fee increases by credit card companies, and consumers could end up paying millions for them.
House Price Falls Expected To Hit Half The Country
November 19, 2007 | Leave a Comment
Credit reference agency Experian has issued a report forecasting that half of the country will see house price falls in the next 18 months as the effects of the credit crunch continue to bite.