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Credit card switchers suffer zero tolerance; SHOCK: Paul Williams faced a heavy penalty when he fell foul of MBNA's rules.
From:
The Mail on Sunday (London, England)
| Date:
February 17, 2008
| COPYRIGHT 2008 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: JO THORNHILL
THOUSANDS of borrowers are being stripped of promotional zero per centcredit card deals because of harsh rules laid down by banks and card issuersthat are buried away in the small print.
Millions of consumers every year take advantage of zero per cent balancetransfer and purchase credit card deals as a way of cutting debt and gettingback on the financial straight and narrow.
Although steep balance transfer fees have made these o...