Risk appetite dries up, as 0% credit card offers drop to record low

The number of zero percent offers on credit cards has dropped to a record low, as lenders try to mitigate the rising level of debt write-offs, according to Moneyfacts.The findings are included in Moneyfacts’s UK Credit Card Trends Treasury Report, which studies and publishes data on personal loans, credit cards and overdrafts each quarter.

Source: Credit Strategy
GO TO ARTICLE +