Credit card use soars after rising costs wipes out pandemic savings
Credit card debt has piled up with more consumers being hit with interest charges as the cost of living crisis wipes out lockdown-induced rainy day funds. Almost…
Klarna’s new credit card accused of leaving ‘shoppers at risk’
Myron Jobson, of Interactive Investor, the fund shop, said: “It sounds like a credit card, and it looks like one too, but crucially from a regulatory perspective,…
Lenders take heed… this is the year of the big squeeze
If millions more families are going to be squeezed financially this year, then the messaging must change. Buy now, pay later companies and the retailers which use…
American Express accused of ‘cutting off’ vulnerable customers by ditching cash payments
American Express risks “cutting off” vulnerable cardholders after it announced it would no longer accept cash payments, experts have warned. The credit card provider emailed customers last…