Flexible friends that can prove confusing
Article Abstract:
There is a wide variety of credit cards for United Kingdom borrowers to choose from, and the most appropriate card depends on the user's borrowing patterns. Interest rates are less important for people who repay all of their credit card debt at the end of every month, but are crucial for those who are left with debts. Gimmicks vary in terms of their value. Borrowers can use affinity cards to benefit a favorite charity. Borrowers can use low introductory rates before switching to a new credit card company when rates rise.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Play your cards right
Article Abstract:
Competition in the United Kingdom credit card market has increased choice for consumers. The best card for any individual depends on whether they are likely to repay the whole of their debts at the end of each month. Cards with no annual fees offer the best deal for consumers who do so, while those who remain in debt should be more concerned about interest rates charged. Rates may be more for cash drawdowns than for purchases. Virgin Direct is also offering an account which includes all borrowings such as mortgages.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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The plastic that's fantastic
Article Abstract:
Competition has increased in the UK market for credit cards and borrowers can cut their costs by changing to a different card. Credit card users may always pay their bills each month, or tend to be in debt most of the time. A low annual percentage rate (APR) is less important for users who usually settle each month. Such users find low fees and long interest-free periods more useful. Most users tend not to settle all their debt every month so benefit more from low rates.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
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