The great credit card scam
Article Abstract:
Two different credit cards have different interest rates for borrowing but the lower rates do not always mean cheaper borrowing, sometimes the card with lower rate interest can cost more than a card with higher rate. The body that represents the credit card industry describes that the way companies charge interest is a competition issue and any standardization would limit companies ability to offer different products.
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2006
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Lender scraps 72,000 pound debt
Article Abstract:
A money expert has helped one family from a 72,000-pound debt after successfully challenging their loan agreement with moneylender London North Securities. The company run by Harvey Collis was charging very high interest on small upfront fees, such as legal fees, and on arrears leaving customers with huge debts.
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2006
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Comment about this article or add new information about this topic:
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