Britons with mounting debts will be able to ask for them to be put on hold for two months after proposals two years in the making came into effect today. The so-called ‘Breathing Space’ scheme, announced in 2019 after a five-year campaign from debt charities, will allow debtors to apply for a break from any … Read more
Barclaycard customers who have had their credit limits cut by as much as 95 per cent have faced yet more confusion, after wrongly being told new limits were based on their average balances over the last two years. Several customers, many of whom have had perfect payment histories, told This is Money they were informed … Read more
Those looking to borrow to fund home improvements might not be able to take advantage of an interest-free advance from Conservative Party HQ, but they can benefit from a recent fall in loan rates. Despite the ongoing pandemic, banks and other lenders have cut borrowing rates since January, with lower-value of loans of between £5,000 … Read more
Swedish checkout credit colossus Klarna is not just Europe’s most valuable start-up at an estimated $31billion, it’s a verb too. Rather than pay for something upfront using their debit card or put a big purchase on a credit card, increasing numbers of shoppers, especially younger ones, instead choose to ‘Klarna’ it. That can mean paying … Read more
Checkout credit providers have been accused of making it too easy for young people to get into financial trouble, after research found they often didn’t realise they were taking on debt. A survey of 2,700 users of buy now, pay later services like Clearpay, Klarna, Laybuy, Openpay and PayPal found more than half of 18-34-year-olds … Read more
SIMON LAMBERT: My credit card limit is back to where it was when I earned £80-a-week as a barman in the Alps – thanks Barclaycard By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 22 April 2021 | Updated: 09:27 BST, 22 April 2021 Barclaycard has spectacularly shot itself in the foot. For some unexplained reason … Read more
SIMON LAMBERT: My credit card limit is back to where it was when I earned £80-a-week as a barman in the Alps – thanks Barclaycard By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 22 April 2021 | Updated: 06:00 BST, 22 April 2021 Barclaycard has spectacularly shot itself in the foot. For some unexplained reason … Read more
Shoppers are cutting up their credit cards after paying off vast amounts of debt with lockdown savings while providers rein back spending limits and offers. Credit card Titan Barclaycard is facing a mass exodus of loyal customers after butchering the credit limits of more than 100,000 spenders by up to 99 per cent – with … Read more
Barclaycard customers have called on it to reverse heavy-handed credit card limit cuts hitting cardholders whose financial circumstances have remained steady – or even improved – over the last year. This is Money received a deluge of responses from readers by email and on social media after we reported on the growing backlash against the … Read more
The current account switching battle is simmering away with HSBC now offering a £20 Uber Eats takeaway bribe on top of its £125 cash incentive. HSBC relaunched its cash bonus fir joining in February just months after suggesting customers could have to pay for current accounts. This latest move to offer a total of £145 … Read more