Credit Cards are one of the easiest ways to borrow money for a short period of time. Most credit card providers usually stipulate a minimum regular repayment of around 5% of the amount borrowed on the outstanding balance on your card.
Depending upon your credit card provider, and your personal credit rating, credit cards can offer anything between a few hundred pounds to a practically an unlimited ceiling of credit. Thanks to an increasingly competitive British market, more and more credit card providers rarely charge an annual fee for their credit card services and many offer a low interest or even no-interest period. Nevertheless, as with all types of loans, it is important to ensure that you are fully aware of any penalities and the interest rates incurred on all outstanding debts.
To help guide you through the wide range of credit card options available on the UK market, select the appropriate guide from the selection below.