How to battle your borrowing as lending rules change and charges soar

How to battle your borrowing as lending rules change and charges soar

Interest rates on overdrafts are rocketing to 40 per cent, and some credit card customers could soon have their accounts suspended. 

For anyone who relies on credit as a means of budgeting month by month, it may feel that they are being squeezed from all angles. In fact, these changes are designed to help customers avoid getting trapped in a cycle of pricey debt and paying more in interest than…

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