Personal Finance Blog

Credit Providers Reduce Borrowing Limits

Posted 2007-11-20

Many consumers, even those with a good record of repayment, are seeing a reduction on their credit card spending limits as companies respond to the current global financial crunch. The “Daily Telegraph” reports that spending limits are being “slashed.” Financial...

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Buying with Credit May Slow

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Posted 2007-11-8

Consumer confidence has been damaged by news of escalating problems in the financial sector, according to debt counseling service provider Thomas Charles. In response, some Britons say they plan to cut back on their credit card purchases this Christmas. This...

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Survey Indicates Slow Season for Credit Cards

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Posted 2007-11-2

A report released today suggests that consumers will curtail their credit card spending this year. After polling 2,000 adults, Thomas Charles, the debt counseling service, warns of a possible slow-down during what is traditionally the busiest shopping season of the...

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Consumer Advocates Laud Credit Card Ruling

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Posted 2007-11-1

Credit card firms must continue to insure purchases of goods and services made abroad, according to a ruling by the House of Lords. The online comparison and switching service uSwitch applauded the decision. Lloyds TSB and Tesco Personal Finance appealed...

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