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Late payment charges soar on Credit Cards

 

Brokers Online offers cutting edge articles and information about Life Insurance, health insurance and loans.
In the past three years credit cards have put up their charges for late payment by as much as 40%*. Customers who breach (online car insurance) their credit limit, pay late or bounce a cheque paying their account, now face an average charge of £22 each time they do so. (mortgage quotes)

The average value of a bounced cheque has risen by 37% during ( insurance ) the year to October 2005 and now stands at £22.68. The average value of a late payment has risen by 38% during the year to October 2005 and now stands at £20.93 whilst the average breach was £22.79 up 40%.

All this will add fuel to the investigation being [ medical insurance ] carried out by the Office of Fair Trading who is looking at charges being levied by credit cards. (mortgages)

loan (life insurance)

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(life insurance quotes)

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