One in four Britons shop to relieve stress despite rising personal debts - a new report by the research company YouGov for the charity The Retail Trust reveals (Reuters, London).
The survey covered 2500 respondants and 18-24 year olds were found to be the most likely to do so than any other age group and people employed in the service industries such as hotels or restaurants are almost twice as likely to alleviate stress in this way compared with people employed in other industries.
10% of supermarket workers now owe more than 100% of their annual income in personal debt with men more likley than women to owe money. The knock on effect is a potential meltdown if the economy slows, leaving many people on the brink of financial ruin.
For more information, hints, tips and money-saving ideas, visit FeelGoodLoans.co.uk
How's Your Job...
Q. How's your job at the crystal ball company?
A. I'm making a fortune.
Showing posts with label credit cards. Show all posts
Showing posts with label credit cards. Show all posts
Monday, 28 May 2007
Wednesday, 9 May 2007
"Wave" Goodbye To Old Credit Cards
From September, a number of major credit card suppliers will be introducing a pilot scheme in London for a new scheme to enable users to purchase items of less than £10 in value simply by waving their credit card in front of a reader at participating outlets. This comes ahead of a nationwide roll-out in 2008.
The scheme is aimed at people who want to reduce their need for carrying small amounts of cash in order to cover things like a newspaper or a coffee and is all set to revolutionise the way most people do their impulse buying on the high street and at vending machines.
But what about security, I hear you cry in unison? The new cards will carry the "wave" logo but will not routinely require a pin number to compliment them for items of less than £10. Instead, the use of the cards will be monitored by the issuers and randomly, the user will be requested to supply a pin number to ensure that the opportunity for large scale fraud is kept to a minimum. (Remember from a previus article on credit card fraud that the onus of proof of negligence on the part of the credit card owner lies with the card issuer.)
For larger purchases, hints, tips and money-saving ideas on raising finance, visit FeelGoodLoans.co.uk
Good comebacks...
Man: "So what do you do for a living?"
Woman: "I'm a female impersonator."
The scheme is aimed at people who want to reduce their need for carrying small amounts of cash in order to cover things like a newspaper or a coffee and is all set to revolutionise the way most people do their impulse buying on the high street and at vending machines.
But what about security, I hear you cry in unison? The new cards will carry the "wave" logo but will not routinely require a pin number to compliment them for items of less than £10. Instead, the use of the cards will be monitored by the issuers and randomly, the user will be requested to supply a pin number to ensure that the opportunity for large scale fraud is kept to a minimum. (Remember from a previus article on credit card fraud that the onus of proof of negligence on the part of the credit card owner lies with the card issuer.)
For larger purchases, hints, tips and money-saving ideas on raising finance, visit FeelGoodLoans.co.uk
Good comebacks...
Man: "So what do you do for a living?"
Woman: "I'm a female impersonator."
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