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Monday, October 27, 2008

'Wicked': The 227% Interest Rate Credit Card Designed To 'Help' Families This Christmas

Britain's most expensive credit card, which carries an interest rate of 227 per cent, is being promoted as a solution for hardpressed families this Christmas.
The Easy Shop card is linked to Argos and offers one possible solution to parents who do not have the cash to buy presents for the children.
However, MPs and debt experts last night condemned the extortionate charges as 'wicked' and warned struggling shoppers to reject the card.
Argos chiefs revealed last week that the company's sales are running around 9 per cent down on this time last year.

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