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[ form of authorization ] in the event of payment by credit card, 3% of expenses are the responsibility of the customers who will have to print the card of credit and fill in, then fax it to us by the following number: (84.4) 75677862. The original copy of this filled card and photocopies of your credit card will have to be sent to VietnamOpentour, that is regarded as the final and legal proof of your payment with VietnamOpentour. ...
 

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What's In Your Wallet? Is It The Right Credit Card For You?
By Steve
We all know that there are more credit card companies out there than we can possibly count, it also seems any more that there are just as many different types of credit cards. Of course all companies Read more...

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Why Credit Card Companies Don't Want You To Understand Your Monthly Statement
By Andrew

According to research by Nationwide Building Society, over two-thirds of users do not know the order in which their payments are allocated to their account, when it comes to understanding their monthly statement.

Most people elect to pay off part of their balance each month, rather than clearing the balance.  When repayments are made to a credit card, items with the lowest interest rate are paid off first - known as an adverse order of payments.  This means that lower APR transactions, such as shop purchases are paid off while high interest items such as cash withdrawals are left to accrue interest and be cleared last.  Many experts believe that by applying payments in this manner, providers are making running a account more expensive for the card holder while generating more profit for the provider.

The research comes after consumer watchdog Which? lodged a super-complaint on interest charges with the Office of Fair Trading which found that the top twenty providers use twelve different methods to apply interest rates to their customers' accounts, earning them at least £400 million a year.  Furthermore, a recent announcement made by the Department of Trade and Industry intimated that from 1 October 2008, all providers would be required to draw attention to the order of payments they use - an announcement welcomed by Nationwide, who currently operate the

 

 


 

   
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Keys To Unsecured Credit Cards
By Jeremy
Like thousands of other people across the country, your weekly mail is probably littered with envelopes stating, "You have been pre-approved" or "Apply now and receive 3 months interest free." Read more...
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Research Finds Credit Card Repayments Up In 2007
By Andrew
Credit card spending and record levels of consumer debt have blighted UK consumers for many years, with the importance of credit groups steadily increasing in everyday life. In periods where Read more...

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