- The big bank break up and the 4th anniversary of the Northern Rock collapse.
- It's also the Trumpo Blogs 4th Birthday, no coincidence-born out of despair.
- Mon 12th Sep 2011
- Up to one in six European banks fail financial health check.
- It's a scary story, but what does it mean? surely not another run on a few banks?
- Tue 28th Jun 2011
- Welcome back moneybrain.com
- The trumpo team are pleased to welcome back an old friend.
- Mon 13th Jun 2011
Cardholders plan new year balance transfers
Mon 31 Dec 2007 10am
More than three million customers will undertake new year credit card switching worth at least £8.99 billion, according to research from Abbey Credit Cards.The figures also showed geographical differences, with those in the south-east of England most likely to transfer, while only five per cent of cardholders in Scotland plan to make the switch.
Commenting on the figures, managing director of Abbey Credit Cards Roger Lovering warned: "January credit card bills can often catch people by surprise, so we would encourage people to keep a check on their finances over the festive season and plan ahead to ensure they aren't paying over the odds for their plastic."
Speaking earlier in December, expert James Falla of debt counsellors Thomas Charles advocated the advantages of balance transfers.
"The thing that cripples most people with credit cards is the interest … If you can get zero per cent interest … at least what you are paying is coming straight off the balance," he explained.
