tag:blogger.com,1999:blog-2948538160252327076.post8841206089535803070..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Credit card debtors generously help out the banking sectorAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2948538160252327076.post-90674407203592494392009-07-26T00:36:45.792+01:002009-07-26T00:36:45.792+01:00I have a VISA Debit card in order to avoid debt, w...I have a VISA Debit card in order to avoid debt, with Lloyds TSB. However, this does not function as a debit card. The money is actually removed from your account one week later. Rather neatly snaring me in an expensive unauthorised overdraft.<br />Lloyds TSB's explanation was that the vendor "hadn't got around to" taking the money out... as opposed to the much more believable Lloyds TSB had delayed payment and left the money showing up as balance, a curious kind of unavailable balance, in my account.<br /><br />Banks are very sneaky devious money thieves. Make sure you come off best.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-67875778535018690092009-07-25T20:48:30.968+01:002009-07-25T20:48:30.968+01:00Thanks also to smokers @£4 a packet for helping ou...Thanks also to smokers @£4 a packet for helping out and a special big thankyou to those smokers who also have credit cards.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-75786994990285313882009-07-25T18:37:28.652+01:002009-07-25T18:37:28.652+01:00Capital One have just ramped up interest on mine.
...Capital One have just ramped up interest on mine.<br /><br />Luckily I pay mine off in full in every month, so no interest.<br /><br />The trick with credit cards is to use them, have your wages go into a easy-access, higher-interest account and pay it off in full every month.<br /><br />Every time I buy something its with money <b>I'm</b> earning interest on. Or rather would be if easy-access interest rates were not so risible at the moment.Eckersalldhttps://www.blogger.com/profile/15683974531982922955noreply@blogger.com