Business advice for all UK firms from starting a business to flotation
Add to favourites
Banks will no longer be allowed to send out unsolicited credit card cheques or raise credit card limits without the prior written permission of the account holder.

The ban is part of the government's plans for consumer protection to stop inappropriate selling of financial products.

According to a survey by Uswitch, 20% of account holders have had their credit card limit increased without their consent.

»
Post Date: July 2nd, 2009
Follow us on
Facebook Twitter