We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Guardian online Article "Credit cards: new UK rules could mean end of O% interest deals"

Options
phillw
phillw Posts: 5,665 Forumite
Part of the Furniture 1,000 Posts Name Dropper
Is this the end?

https://www.theguardian.com/money/2023/jul/22/uk-credit-cards-rules-o-interest-deals-bank-accounts

Some 0% interest deals rely on customers missing payments to make money – which count as a ‘bad outcome’ under the FCA’s new rules.


These are just a few of the possible outcomes from a big shake-up of UK financial services that takes effect from 31 July.

Comments

  • From the article

    "could"
    "may"
    "possible outcomes"
    "should"

    Might just have to wait and see ;)
    Things that are differerent: draw & drawer, brought & bought, loose & lose, dose & does, payed & paid


Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.