05.20.10

When is your credit card not a credit card?

credit card

Moneysupermarket.com has released research into the wide range of transactions that are treated as cash withdrawals by credit card providers. The research shows that all of the UK’s major credit card providers treat all forms of gambling activity involving a credit card as a cash withdrawal.

This means that any consumer who uses their credit card(s) for gambling may face higher APRs than they might …

Read the original article at Totallymoney

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