Roger Ramsden, Chief Executive, Saga Personal Finance, comments on the findings of Moneysupermarket's survey into credit card repayments hierarchy

Monday 26 October 2009

Roger Ramsden, Chief Executive, Saga Personal Finance, comments on the findings of Moneysupermarket's survey into credit card repayments hierarchy

“It comes as no surprise to us that people feel cheated and angry by credit card providers who make it more difficult for their customers who are trying to pay off their credit card debt. We believe in treating our customer’s fairly, which is why we choose to apply payments to the most expensive debt first. If credit card providers won’t put their own house in order then we urge the Government to outlaw this sharp practice.”

-ENDS-

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