Credit Card Cheques Banned in UK

Credit card cheques to be banned – BBC NEWS

Credit card cheques will be banned as part of government plans for consumer protection due to be unveiled.

Measures to assist people facing difficulties with debt and at risk from rogue traders during the recession are also expected to be announced.

Figures from the Bank of England show that UK residents owe £233bn on credit cards, overdrafts and other loans.

read article here… BBC NEWS | Business | Credit card cheques to be banned.

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