Store cards:-

Shoppers are being overcharged £100m a year as a result of inflated interesticon rates on retail store cards, the UK's competition watchdog has said.
The Competition Commission said there was evidence that the store card market was uncompetitive, with interest rates far higher than they should be.

The watchdog said it wanted warnings on card statements to inform consumers of interest rates and late payment fees.


Full story and source:-
http://news.bbc.co.uk/1/hi/business/4244242.stm

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