Credit card website aims to advise would-be debtors

30th June 2006

Apacs, Britain's banking paying system, has updated the www.choosingandusing.com website which contains guides to responsible borrowing, understanding statements and information on card protection agencies.

Sandra Quinn, director of communications at Apacs, said of the launch of the developed service: "As an industry we are committed to improving consumers' understanding of credit cards and encouraging responsible borrowing."

Credit card debt can be a problem to many families around Britain with many people having more than one credit card which has helped lead to debt levels passing £1.1 trillion.

The website allows consumers to download credit card comparison guides to different credit cards and advice on how to best use them to avoid creating too heavy a debt burden, with 2006 updates to information.

Though Ms Quinn claims that most credit card holders know how to use them, there was still a minority who were at risk of debt because they did not.

With a series of guides, comparison tools and advice, Ms Quinn said that she hopes the website will help lead people to better debt management.

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