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credit card rates still rising in face of continuing base rate cuts

Published: 11/02/2009

Daily Mail– 11th February 2009

This Is Money (web) 11th February 2009

 

Credit card companies are increasing their rates – despite the falling base rate.

 

Andrew Hagger, of Moneynet.co.uk, says:  ‘It’s incredible that the card companies continue to try to squeeze more from their cardholders.

 

‘It is high time that card providers started to cut the interest burden for their loyal customers.’

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