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17
May

Barclaycard

Posted by Janet Leicester (0) Comment

Barclaycard is a global credit card and loan provider owned by Barclays plc within the UK. The Barclaycard was the very first credit card introduced in the UK, coming into service in 1966. It enjoyed a monopoly until the introduction in the Access card in 1972 when competitors started rearing their heads.
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Category : uk credit card companies | Blog
17
Feb

Barclaycard Writes Of £1.8Billion Bad Debts

Posted by Keith Castor (0) Comment

Barclaycard, Britain’s biggest credit card provider has had to write of £1.8billion as bad debt as more and more people bust.

The amount Barclaycard said it has written off climbed 64 per cent during last year, it said yesterday.

Industry analysts believe the total UK credit card debt written off this year could reach £5billion as the plastic spending bubble bursts.
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Category : Credit Cards News | Blog