Brown Swipe at the Rip-Off Credit Cards ; Interest Hikes Ban

Sunday MirrorMarch 14, 2010

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Summary


GORDON Brown vowed last night to stop credit card firms ramping up interest rates on customers with crippling debts.

Announcing a Government crackdown on reckless spending, he said firms would be banned from imposing rate hikes on people struggling to cope with interest charges.

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Extract


Brown Swipe at the Rip-Off Credit Cards ; Interest Hikes Ban

Cardholders would get a statutory right to reject interest rate increases so they can ...

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