227% the Interest Rate On Credit Card Meant to Help Families at Christmas

Daily MailOctober 27, 2008

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Summary


BRITAIN'S most expensive credit card, which carries an interest rate of 227 per cent, is being promoted as a solution for hardpressed families this Christmas.

The Easy Shop card is linked to Argos and offers one possible solution to parents who do not have the cash to buy presents for the children.

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Extract


227% the Interest Rate On Credit Card Meant to Help Families at Christmas

However, MPs and debt experts last night condemned the extortionate charges as 'wicked' and warned struggling shoppers to reject the card.

Argos chiefs revealed last week that the company's s...

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