Apr
24
Credit card companies are charging their customers more in interest rates and charges than they were 12 months ago, despite the base rate falling 4.5 per cent since April 2008, according to research from Which?.
Despite calls from the Government for companies not to put additional pressure on households when they are at their most vulnerable, the consumer watchdog has discovered that providers have found a number of methods for squeezing more cash out of their customers.
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