Balance Transfers

No apology for Egg customers

Earlier this week the former consumer affairs minister and Labour MP Nigel Griffiths announced that he had a meeting with the Chief Executive of financial giant Egg, Ian Kerr. The purpose of the meeting was to discuss the recent withdrawal of the credit cards of 161,000 consumers following a review of over two million credit card accounts.

Popularity: 36% [?]

Egg’s actions could benefit some borrowers

The recent decision of the online lending giant Egg could actually benefit some customers according to a recent report, enabling them to prove their creditworthiness as a result of having their account closed. Egg recently announced that around 161,000 would have their credit card accounts closed, claiming that those affected were people whose credit profiles had deteriorated since they opened their credit card accounts.

Popularity: 48% [?]