Credit card securities?

spiceman_2

Hello, Have a question which im not so sure about, please help if you can.

My mum is about to purchase a leather suite from scs and has already paid cash deposit but she is now worried about paying the full balance in cash because the way many company's are collapsing due to the credit crunch. What would be the benefits of paying buy credit card if any?

The type of card I was thinking of using is the Platinum post office card.

Thanks for all your help.

NickX

As long as the total purchase price is between £100 and £30,000 and you pay at least £1 on a Credit Card, the whole transaction will be covered by Section 75 of the Consumer Credit Act. This includes the supplier going out of business.

Good Luck.

spiceman_2

Thanks nick that clears a few questions up.