Budgeting the Cost of Christmas with a Prepay Credit Card
London: Wednesday 1st December, 2010: Looking to save money this Christmas and not go over budget? With flexible rates and better protection prepaid credit cards could be the perfect way to balance Christmas budgeting this year. New figures show that British families are struggling to avoid falling into debt in the current economic climate and with Christmas fast-approaching, many cash strapped families will be extremely worried about how they pay for presents and stick to their spending budgets. For those who want the flexibility of a credit card but do not want to run up expensive credit card debt in the process, prepaid credit cards can help. Applications for prepaid credit cards on price comparison website www.compareprepaid.co.uk have increased by more than a third in the last six months as an increasing number of cash conscious Brits look to ditch the credit card in favour of pre pay.* Raffick Marday from Compareprepaid.co.uk explains; “With Christmas fast approaching many people, especially those with young families, will be worried about how they can fund the festive season without saddling themselves with debt for the New Year. “A great way to avoid over-spending is by loading up your Christmas shopping budget onto a prepaid credit card, this way you can keep track of your spending and not spend more than you can afford.” While it is true that some prepay cards charge consumers money when withdrawing cash on them, many do not, so it is always advisable to compare the market for the best deals suitable to your financial situation. Compareprepaid.co.uk currently lists a number of excellent credit card and pre-pay credit card deals that are only available via their website. “We have a number of exclusive credit card deals on our website that are not available anywhere else, such as the Escape Phones4U prepaid card, with free international calls. This deal is only available from our website. We also have the Freedom Mastercard, which is free after loading £10 credit onto it, again, an exclusive only available on our website. “If you are looking to keep tabs on all of your Christmas spending and avoid seeing in the New Year in debt, prepay credit cards are great and I urge consumers to take advantage of our great pre-paid card exclusive deals now.” Notes: *- Compareprepaid.co.uk figures show that applications rose from 30,000 per month in October-March 2009/10 to just over 40,000 per month for the period April-Oct, 2010. http://www.cisionwire.com/search-news-media/prepaid-credit-cards-the-card-of-choice-for--austerity-britain Raffick Marday is available for interview. Please contact Dale Lovell on 01753 859 588 or email: dlovell@searchnewsmedia.co.uk to arrange an interview. Compare Prepaid is the leading comparison site which provides information, reviews and news on prepaid cards, credit cards and bank accounts available in the UK. Visit: www.compareprepaid.co.uk for more information.
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