Annual Fees May Be Coming for Credit Card Holders

With the government clamp down on the credit card industry in the last months, credit card companies are poised to charge an annual fee for the cards in order to recoup some of the losses that they have incurred. The Internet bank EGG recently released a new credit card that had an annual fee of £12. It gave indications that other banks are set to follow suit. Peter Harrison of the price comparison site Moneysupermarket.com, said that right now Egg is the only credit card company to issue a card with an annual fee, but this is likely just the “tip...

Credit card customers complain about car selling scam

As industry officials are always warning us it is vital not to give out your credit card account details to anyone that calls you claiming to be providing a service or claiming to be from some company or other, and even to those that turn up at the door claiming to be from a particular company. It has also been made clear that credit card consumers should never give out their credit card PIN to anyone, even if the person claims to be from their bank or from the police. However, despite these warnings it appears that many people are still...