About Credit Cards and Prepaid Cards

If at all possible, try and pay more than the minimum - otherwise it could take years to clear your debt. It's a good idea to pay by direct debit - that way you will always pay on time and avoid incurring a late payment fee.

It may be tempting, but try not to use a credit card to withdraw cash from an ATM - you'll probably be charged a higher rate of interest than on purchases and be charged a withdrawal fee.Keep an eye on your spending and make sure you stick within your agreed credit limit. It's well worth using a credit card for purchases of £100 or more because you have greater protection than if you pay with cash or a debit card. Under Section 75 of the 1974 Consumer Credit Act credit card issuers and retailers take joint responsibility for faulty purchases. This applies to purchases between £100 and £30,000. If the retailer goes bust or the goods are faulty when they arrive you can claim a refund from the card provider.