Archives for 10 May 2007
Contactless credit cards ‘could lead to overspending’
Contactless debit and credit card technology could lead to consumers spending beyond their budgets, says one expert.
It was recently reported that contactless technology is to be rolled out in several postcodes across south and east London later this year.
However, David Kuo, head of personal finance at Fool.co.uk, has suggested that the ease of the […]
People should make sure they’re ‘insulated against debt’
Consumers should ensure that they can make financial allowances for the possibility of unforeseen debt, according to one expert.
Debt typically arises from changes in personal circumstances such as redundancy or divorce and consumers should ensure they are protected against this happening, says Debt Advice Bureau director Stephen Rose.
He said that while rising interest rates […]