Thousands of people may lose credit cards under new FCA rules

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Those in persistent debt for 36 months told to raise payments or risk having card suspended

Thousands of credit card customers are at risk of having their accounts suspended in the new year due to the City regulator’s new affordability rules.

 

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pay attention! borrowing money costs money! only private banks and other financial institutions 'closer to the source' get their money for free, did you know that? because, if they fail, you will be bailing them out, but if you fail, what are they going to do? sell your knickers?

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You wouldn’t credit the excuses from my John Lewis cardTime and again I got failed payment messages when they had gone through Typical Guardian reader problems. Middle class problems.
Source: The Guardian - 🏆 84. / 53 Read more »