Credit Card Charges Set to Fall

0 Views

What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.

Summary: The OFT in the UK have instructed credit card providers in the UK to reduce late payment and similar charges by up to 50%. Once applied this will apply to other lending in the UK and may well result in fee reductions worldwide.

In the UK the 8 largest credit card providers have been ordered to reduce their charges, for default and late payment, by between 40 and 50%. The current late payment charge by most major issuers is between

If this article has helped you in some way, will you say thanks by sharing it through a share, like, a link, or an email to someone you think would appreciate the reference.

Related articles

Credit Card Fees. The Credit Card Companies Strike Back
Uk Mortgage Insurance Is Worthwhile Taking Out
Is Your UK Credit Card Doing You Credit?
UK Mortgage Insurance Can Work If You Take Advice From A Standalone Provider
UK Mortgage Payment Protection Insurance Doesn't Have To Be A "Rip-Off"
A Quick Guide On Where To Go For Payment Protection Insurance
UK Mortgage Protection Insurance Does Not Have To Be A "Rip-Off"
UK Loan Protection Insurance Can Protect Your Repayments If You Should Come Out Of Work
UK Loan Protection Insurance Still Under Investigation
Getting Cheap Uk Loan Protection Insurance