Edition: International | Greek
MENU

Home » Business

Credit card advice site launched

By: EBR - Posted: Friday, July 22, 2005

Credit card advice site launched
Credit card advice site launched

The credit card industry has launched its own website to help people choose which card is right for them and avoid building up excessive debt.
The site, called "choosing and using", advises people what sort of credit card best suits their spending behaviour.

It also offers help for people already experiencing credit card debt, but it does not compare specific cards.

With around 1,500 credit cards available in the UK, choosing the right one is not always an obvious decision.

Tailored advice
The site was set up by Apacs, the UK payments association, which represents all of the major UK credit card issuers

The website gives the type of features people should be looking for depending on their spending behaviour.

For example people who clear the balance each month are advised that the interest rate is less important, and that they should concentrate on whether there is an annual fee and any rewards programme.

There is also advice on what to do if people have run up too much debt on their credit card.

But the website does not look at specific cards. BBC personal finance reporter Richard Scott says people are still likely to need comparison tables in newspapers or on the internet in order to make their choice.

READ ALSO

EU Actually

IEA: “India breaks Chinese dominance in solar panels”. Good for Europe?

N. Peter KramerBy: N. Peter Kramer

In his weekly column N. Peter Kramer writes, by 2031 India will be a full-fledge competitor for China in production of solar panels, predicts the International Energy Agency (IEA). Can it help to reduce Europe’s high independence on its single supplier?

Europe

No, a Democratic Congress won’t save Europe

No, a Democratic Congress won’t save Europe

A blue wave has swept over the U.S. midterms, with Democrats regaining control of both houses of Congress. But Europeans hoping for a return to business as usual should think again

Business

Businesscraft: Japan’s Quiet Discipline for a Fractured World

Businesscraft: Japan’s Quiet Discipline for a Fractured World

For almost thirty years after the end of the Cold War, geopolitics stayed away from the corporate boardroom. Geopolitical considerations belonged to the foreign ministry or to a dedicated risk committee back at headquarters, and rarely crossed a CEO’s desk.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron