Britons paid back more on their credit cards than they borrowed in November - the first time this has happened in more than six years, according to official figures.

Britain's largest banking group, which owns Lloyds, Halifax and Bank of Scotland, spelled out changes aimed at those in 'persistent debt' for 36 months.

The Financial Conduct Authority has told banks to help customers get out of debt, amid concerns of a potential wave of credit cards being scrapped under new rules.

Buy now, pay later has become the way for the younger generation to pay. Is it a dangerous form of credit or a useful way for shoppers to pay flexibly?

Credit card customers of high street bank Halifax have reportedly been hit by charges when trying to make Klarna repayments, the buy now, pay later firm said.

People applying for credit cards with two major UK lenders have to roll the dice to check if they will be accepted, putting their credit score at risk in the process.

Barclaycard, Sainsbury's Bank and Tesco Bank have cut interest-free deals over the last month, some of which are the best around, as lenders evaluate their offers amid the coronavirus outbreak.

Neil Seagrave, 35, from Dorset, tried to transfer his credit card balance to HSBC at the start of March before his zero-interest term with Sainsbury's Bank expired, but this was not resolved until April.

The Bank of England's latest credit conditions survey revealed lenders believe the availability of household unsecured credit will decrease between April and June amid coronavirus.

The UK arm of Santander revealed its pre-tax profit fell 58 per cent to £114million in the first three months of 2020.

Households paid back a whopping £3.8bn more than they borrowed in March, the biggest figure on record, as households shunned their credit cards in the face of the coronavirus crisis.

Newcomers to American Express now have more time to rack up points bonuses for their credit card spending, with the card provider doubling the length of some of its welcome offers.

Customers of Virgin Money rounded on the bank after it suspended their credit cards, despite many of them not struggling with their repayments and clearing their balance in full.

Walking down the high street with friends on Saturday, we heard an elderly gentleman at a cash machine shout: ‘My card! They’ve taken my card!’

Demand for takeaway food has risen as a result of lockdown - and the hoax sites are the latest example of UK criminals trying to take advantage of the COVID-19 crisis.

Checking your credit score is all the rage, with adverts from companies that can provide access to your report. And where once you had to pay a credit reference agency, it is now free.

शहर में रह रहे लोगों के लिए घर खर्च चलाना मुश्किल हो गया है. जो लोग रेंट पर रह रहे हैं उनके लिए तो ये मुश्किल डबल हो गयी है. इसी बीच क्रेडिट कार्ड से रेंट का भुगतान करने की सुविधा भी लांच की गयी है. जिसके बाद अब लोग क्रेडिट कार्ड से रेंट दें पाएंगे.

किराएदार अपने घर का किराय क्रेडिट कार्ड के जरिए चुका रहे हैं और एमाउंट को सेटल करने के लिए एडीशनल क्रेडिट पीरियड का विकल्प अपना रहे हैं. हालांकि किराया चुकाने का ये तरीका आपकी वित्तीय स्थिति को बिगाड़ सकता है.

नयी दिल्ली। पिछले कुछ सालों में भारत में क्रेडिट कार्ड इस्तेमाल करने वालों की संख्या में काफी बढ़ोतरी हुई है। मगर इसी के साथ क्रेडिट कार्ड के बिना या कम जरूरत पर इस्तेमाल करने में भी इजाफा हुआ है। जानकार हमेशा

For those who wish to avail a moratorium on their SBI Cards, here are some of the details that you should know: 1. You will be eligible to opt for the moratorium if your account was in current status (non-delinquent

Sometimes, there are pressing financial demands or an emergency that you have to address right away. If you don't have substantial funds in your bank account at that moment, you can face a lot of difficulties. What can possibly pull you

The Kisan Credit Card (KCC) scheme has not found many takers ever though it was launched way back in 1998. A Jammu and Kashmir Government report has pointed out that till 2007-end, not more than 74,301 cards....

Always try to pay the full dues to avoid high interest charges

Private banks put up a better show than other card financiers

The outstanding portfolio of private banks in the credit card space has increased by 59 per cent year-on-year while other issuers saw a 20 per cent growth in 2019 over 2018.

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