Archive for the 'Credit Cards' Category

Credit Card Repayments

Monday, January 16th, 2006

The main attraction with credit cards are that the repayments can’t be spread over a fixed period of time, unlike the traditional bank loan. A credit card has a minimum monthly repayment usually in around 2% of the outstanding balance, but can change depending on the issuer and terms and conditions. Late fees […]

Visa Data Security Breach

Tuesday, January 10th, 2006

Visa USA have publically aknowledged that a merchant credit card provider based in the United States may have had a security breach where the details of accounts were revealed. Visa have announced that they have alerted the financial institutions so that they can protect their business and customers.