SearchArchives for: April 2006Prime Rate Trends Over the Past Decade12th April 2006 The prime lending rate, often simply known as Prime or Prime Rate, is the index that most lenders use to price their loans to consumers. Banks and credit card issuers typically use this rate as a way of protecting their bottom line against the ever-fluct… more » Categories: Credit Card News PayPal to Launch Credit Card12th April 2006 PayPal, the money transfer arm of online auction site eBay, today announced it is to branch out into credit cards.
The business, which has more than 10m UK accounts, is linking up with GE Money to offer credit cards to people in the UK.
The card has an… more » Categories: Credit Card News
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Debt Becoming a Lifestyle10th April 2006 The UK is catching up with America in spending beyond its means and using overdrafts and credit cards to pay for it, according to new research from Cahoot. Indeed, the Internet bank's Lifestyle Index report shows that 59% of people spend more than they e… more » Categories: Credit Card News Credit Default Charges are Unfair - Ruling05th April 2006 Cards - Office of Fair Trading (OFT) rules default charges unfair
The OFT says that credit card default charges have generally been set at a significantly higher level than is legally fair. And it estimates that across the industry this has led to unlaw… more » Tags: credit card
Categories: Credit Card News |
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