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  • Hub You - Credit Card Debt WILL Continue to Be a Problem

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    urrently 17.02% - a whopping 12% above base rate at the start
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    Much of the ?1 ? trillion of personal debt in the UK can be attributed to credit card debt with many people still spending well beyond their means.

    According to figures from Credit Action, the average interest rate on credit card lending is currently 17.02% - a whopping 12% above base rate at the start o

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    tributed to credit card debt with many people still spending well beyond their means.

    According to figures from Credit Action, the average interest rate on credit card lending is currently 17.02% - a whopping 12% above base rate at the start

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    ell beyond their means.

    According to figures from Credit Action, the average interest rate on credit card lending is currently 17.02% - a whopping 12% above base rate at the start

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    Action, the average interest rate on credit card lending is currently 17.02% - a whopping 12% above base rate at the start
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    urrently 17.02% - a whopping 12% above base rate at the start of 2007. With rates that high, it becomes even more shocking to know that credit card balances bearing interest was 75.1% as of October last year.

    But what’s the best method for servicing credit card debt? One possible solution is a debt conso

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