A new credit card aimed at the poor, which has a top interest rate of nearly 70 per cent - the highest ever - has been cautiously welcomed by Consumer Credit Counselling Service (CCCS). The Vanquis Visa card attracted criticism when it was launched nationwide this month, following a trial in Scotland. It has a typical APR of 49.9 per cent but a top rate of 69.5 for borrowers it deems the highest risk. But despite an APR of up to 15 times the Bank of England base rate, debt adviser CCCS says the card is the lesser of two evils for those who have trouble obtaining credit elsewhere. 'People should approach this with extreme caution and realise that the interest rates are very high,' says spokesman Frances Walker. 'But I can't see why you shouldn't get a credit card with a very low credit limit. We've always been concerned about the danger of driving people into the hands of loan sharks [if denied credit elsewhere].' Vanquis targets people with limited or impaired credit ratings earning a … [Read more...] about A credit card with APR of 70 per cent. Is this exploitation or the help some people need?
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A woman has told how a Tinder date bragged about his finances during their expensive dinner - only to have his card declined when paying for the bill. Emma Louise Sanders, 30, of Rainham, Essex, recalled how the man, who was not named, ordered rounds of drinks at an upmarket restaurant at London's Sky Garden - where cocktails start at £13 - despite her insistence that she didn't want any. However when it came time to pay the £100, the flashy man found himself short. His credit card was declined three times and he was ultimately forced to phone his father to ask for a bank transfer to cover the costs. Emma Louise Sanders, of Rainham, Essex, was taken for cocktails and dinner at the upmarket London Sky Garden restaurant by the man, who has not been named. Stock image Emma was on Tinder for two years until meeting 'Mr Right' Danny in 2016. The couple have a son named Callum. Emma wanted to share her dating horror story to give … [Read more...] about Woman’s Tinder date bragged about his finances and £2K credit card limit before having his card declined when paying for the £100 bill – and had to ask his DAD to transfer money to cover the costs
A Liberal Democrat government would spend £100bn tackling the effects of climate change and protecting the environment, the party's finance spokesman is set to announce.In a speech on Friday, Sir Ed Davey will say the five-year investment would "jump-start" efforts to combat the "climate emergency".The pledge would be funded through borrowing and tax changes.The Conservatives and Labour both have targets to reduce carbon emissions. What is a climate emergency? Climate change 'accelerating', say scientists 'Only big changes' will tackle climate change Sir Ed, who served as secretary of state for energy and climate change in the coalition government, is expected to say that "across a five-year Parliament, Liberal Democrats would spend and invest an extra £100bn of public finance on climate action and environmental preservation"."This includes a new £10bn 'renewable power fund' to leverage in over £100bn of extra private climate investment," he will add in the speech … [Read more...] about General election 2019: Lib Dems pledge £100bn climate fund over five years
With polling day fewer than four weeks away, families are asking just what the parties are planning to do about childcare.Here, we answer a selection of readers' questions on family benefits and finances.What will each party do to help full-time working parents with financially crippling childcare costs? - Craig Harris, NewryBoth Labour and the Liberal Democrats have promised extra money to support the parents of young children.Labour said it would spend £1bn on opening 1,000 new early years Sure Start centres in England. It is part of a £4.5bn package, which also includes 30 hours' free childcare for all two to four-year-olds.The Liberal Democrats are promising working families free childcare for children from the age of nine months. They said their £14.6bn policy is "an investment in the country's future", and would be funded by tax changes. Parents of three and four-year-olds in England are currently entitled to 30 hours' free childcare a week. The Conservatives say … [Read more...] about Election 2019, Your Questions Answered: What are parties saying on childcare?
BLACK Friday and Cyber Monday are the ideal opportunities to snag a great deal on the latest games and consoles. We round up the best gaming offers you're going to find ahead of Christmas. *Remember, just because an item is in the sale, it doesn't mean you can't find the same product, or similar, elsewhere. Always shop around to make sure you're getting the best price. Currys PC World Live Black Friday offers Nintendo Switch + Pokemon Sword/Shield, £279 - buy here Nintendo Switch Lite + Pokemon Sword/Shield, £219 - buy here AO Live Black Friday offers Nintendo 2DS XL Pikachu Edition 4GB, £149 - buy here Xbox One S 1TB + FIFA 20, Forza Horizon 3, Sea Of Thieves, Minecraft, £269 - buy here Xbox One X 1TB +Forza Horizon 4 with Lego Speed Champions, £439 - buy here PlayStation 4 Pro 1TB with Call of Duty Modern Warfare, £339 - buy here Very Live Black Friday offers Save up to £75 on gaming monitors - shop here Save up to £250 on gaming … [Read more...] about The best gaming deals on Black Friday 2019