The Competition and Markets Authority (CMA) has said that it may probe into the £275 million takeover of free credit score checking company Clearscore…
Consumer Credit News
Debit cards have overtaken cash as the most popular form of payment in the UK for the first time.
Debit card transactions rose by 14 per cent to 13.2 billion in 2017
UK consumer spending rose in June for the second month in a row, marking the first back-to-back increases for over a year.
Consumers using Visa credit or debit cards to pay for goods and services online will soon need to use a one-time passcode sent directly to their mobile.
New EU rules introduced are causing banks to move away from passwords for security
Card giant Mastercard is currently in talks with UK banks to launch biometric payment cards with in-built fingerprint scanners, which are used to verify customers’ identities. The idea is to replace passwords and speed up both…
Consumers are borrowing over £100 million per day to finance new cars according to the latest figures from the Finance and Leasing Association (FLA).
Millennials applying for credit cards for the first time are often unaware that they will have to pay interest on credit balances they build up. Research from MoneySuperMarket
Transport for London (TfL) are currently sitting on a £300 million cash pile that has built up on dormant Oyster cards and have been accused of keeping quiet about the fact.
Holiday makers using their debit and credit cards while abroad could be in for a shock when they see the extra charges applied.
The chances of a rise in the base interest rate became higher last week, as one of the monetary policy committee changed sides to vote in favour of a base rate rise.