Consumers are being warned to check their credit card statements after a suspected card fraud was uncovered in Spain.
An indebted graduate was offered nearly £3,000 of store card credit in two days despite earning less than £1,000 so far this year.
Credit card providers look set to hike their interest rates and introduce annual fees as they battle to survive, a report has claimed.
Consumers shopping around for the best loan rates could be penalised if their credit rating reflects multiple applications, MPs have heard.
Credit card companies have been warned to "get their act together," as the Government brought forward plans to stop them landing borrowers with unsustainable debts.
Prime Minister Gordon Brown has announced plans to make credit and store card operators "clean up their acts" with a set of consumer protection measures to be unveiled over the coming week.
Consumers have been warned to be vigilant following a 250% jump in the number of people who were tricked into handing over their credit or debit card and Pin to fraudsters.
Fraud losses on UK cards fell by nearly a quarter during the first half of the year as criminals instead targeted cards issued abroad, figures have shown.
Royal Bank of Scotland is no longer offering credit cards to people who do not bank with the group, it has emerged.
There may be chaos in the financial and property worlds, but some houses look immune to the gloom. Check out these pricey properties