Sophisticated Scam Targeting Credit Card Users

| May 23, 2012 | 0 Comments

Credit card customers are at risk from a sophisticated scam that dupes them into handing over their cards and PIN, experts have warned. The scam has made fraudsters more than £1.5 million in the last two years, but police and the Payments Council are concerned at the speed at which it is growing. The sophisticated […]

Filed Under: Credit Card News

Credit Card Complaints Soared Last Year

| May 22, 2012 | 0 Comments

The number of credit card complaints soared last year to become the second-biggest cause of financial product dissatisfaction, the Financial Ombudsman Service (FOS) has said. The number of overall complaints to the financial watchdog increased by 25% last year, with more than 250,000 cases being dealt with. Complaints over payment protection insurance were top of […]

Filed Under: Credit Card News

More Customers Denied Refunds By Credit Card Companies

| May 11, 2012 | 0 Comments

Shoppers attempting to claim money back from their credit card company, after receiving faulty goods, are increasingly being denied a refund by their card provider. The Financial Ombudsman Service, the independent watchdog for the finance industry, has said it handles as many as 100 complaints per week from customers who’ve been effectively ignored by their […]

Filed Under: Credit Card News

Europe faces Japan syndrome as credit demand implodes

| April 25, 2012 | 0 Comments

Europe (minus Germany) looks more like post-bubble Japan each month. The long-feared credit crunch has mutated instead into a collapse in DEMAND for loans. Households and firms are comatose, or scared stiff, in a string of countries. Demand for housing loans fell 70pc in Portugal, 44pc in Italy, and 42pc in the Netherlands in the […]

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Fraudsters Capitalise On Credit Card Details Of The Deceased

| April 25, 2012 | 0 Comments

The identities of millions of deceased Americans are being used to apply for credit cards by criminals in the US, a study has found. Analysis of more than 100 million credit card applications in the first three months of last year, by risk management firm ID Analytics, has revealed that credit card fraudsters are using […]

Filed Under: Credit Card News

Credit Card Criminals Target Hospitality Industry

| April 20, 2012 | 0 Comments

The hospitality industry is being warned of a heightened danger of attack from cyber criminals, as a new type of malware targeted at hotels goes on sale on the black market. A shift in the focus of cybercriminals has been detected recently, as they target systems that store details of a higher number of credit […]

Filed Under: Credit Card News

Smartphone Payment To Replace Credit Cards By 2020

| April 18, 2012 | 0 Comments

Smartphones will replace credit cards and even cash as the chief method of payment by 2020, experts have predicted. A survey of more than 1,000 technology experts has found that the majority believe contactless payment will overtake cash and credit cards in this decade. The survey found that more than 60% of technology experts felt […]

Filed Under: Credit Card News

Changes to Credit Card Statements Announced

| March 29, 2012 | 0 Comments

Credit card customers will be getting a different sort of statement through their letterbox this year, the UK Cards Association has announced. There are currently 31 million card users in the UK, and they are set to see a new type of credit card statement for the first time this year. The new statements are […]

Filed Under: Credit Card News

Men Spend More With Credit Cards Than Women

| March 29, 2012 | 0 Comments

Men spend more money on their credit cards than women do, research into our credit card spending habits has revealed. It was found that the average male credit card user will spend 15% more with his plastic than the average female card user will. The research also revealed that men spend more than women on […]

Filed Under: Credit Card News

Things You Should Know About Finance | Bad Credit Loans

| March 26, 2012 | 0 Comments

trustedyoutobe.com — Things You Should Know About Finance Finances is financial resources, their creation and movement, distribution and redistribution, Finances is economical relations, conditioned by intercalculations between the economical subjects, Finances is movement of cash sources, money circulation and usage”. Credit represents a form of movement of the loan capital and expressaaaes economical relations between […]

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