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Finance:

Credit getting smarter by the day


Contributed by daizy on Friday, September 14 @ 19:51:39 EDT

Many lenders and credit card companies in the UK are offering better financial services to the people in times of competition.


London (online-unsecured-loans) September 13, 2007: Brits are obsessed with credit cards. Recently, a credit card company has launched a 3-in-1 card that allows Londoners to pay for their tube journey, have a lunch-time sandwich and expensive credit purchases.

The Barclaycard "OnePulse" will give more flexibility and hassle free services to the consumers. It also combines contact less payment facility – users can pay for low-value goods by touching their card against a reader.

Antony Jenkins, chief executive of Barclaycard said: "Barclaycard OnePulse will make life easier and more hassle-free for those who live and work in and around London."

Credit cards are very much popular among Brits. It allows them to be cashless yet ready to buy most of the things. There are more cards than the population in the UK. However, there are many people who depend on unsecured loans as they get more value for money in this case. The rate of interest is usually lower in case of unsecured loans.

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