Mastercard is to stop issuing cards with a magnetic strip.

By 2033, none of its debit or credit cards will have a strip, with banks in many regions including Europe able to issue the strip-less cards from 2024. The UK moved to chip-and-pin for all card payments in 2006, but in the US, some...

Mastercard and four other companies have been accused of running a cartel to reduce competition in the market for pre-paid cards.

Allpay, PFS, Sulion and APS ran schemes to distribute welfare payments for local authorities. The Payment Systems Regulator claims for six years, the firms agreed...

A surprise court ruling has revived the possibility of a £14bn lawsuit against credit card firm Mastercard. The Court of Appeal in London has ruled the Competition Appeal Tribunal must reconsider the class action against the firm which it threw out two years ago. The claim alleges 46 million people...

Hi there,

Really happy to have found this site and hope to get some help.

We've managed to get into debt with Barclaycard. Got two cards and approx. £12k on each one. (Long story - ill wife etc)

The cards are in my fathers name (in his 60s).

Since...

Hi guys, been recommended to join here and ask your advice so here goes....

I'm currently paying money for bills and credit cards each month with my last credit card seeing me through as I have no spare cash. Once that credit card is maxed out I have nothing so now's the time I need to...

I had visited this site on many occasions.
Like so many my problems started with the Banking crisis. I was self employed and the money simply dried up. Cards were like confetti.
In 2011 the Bank stopped paying essential Bills and cancelling Direct Debts. In April 2012 I bit the bullet and...

EU says Mastercard overcharges consumers and retailers

This is a duplicate of the Blog Entry made on 11th July 2015 14:51.

*European Union officials have accused Mastercard of overcharging consumers with the fees the company charges. * "We currently suspect Mastercard......

Letter today, We've changed our name.
Marlin Financial Services are now part of the Cabot Credit Management (CCM) group and we will be changing our name to Cabot Financial (Marlin) from 2nd March 2015.
You will notice this change in any communication that you have with us.
For example,...

Does anyone know if there has been a recent,since Christmas, sale of delinquent credit card accounts?

They don't appear to be updating CRA data.

I have balances on a Flybe and Tesco Mastercard that i am hoping to port over to an Interest free card with view to paying off ASAP.

My most recent default was June 2011 so I called my Bank (lloyds) to see if i was showing eligibility for one of their balance transfer...

Visa and MasterCard block Russian bank customers

This is a duplicate of the Blog Entry made on 22nd March 2014 09:17.

*Visa and MasterCard have blocked credit card services to some Russian bank customers as a result of US sanctions.* Four banks are so far affected,...
...

I want to start by saying i don't think i've spotted this documented on AAD, but if it is then i will have to take a smack on the chin!

I have two cards which have a limit (£1500 and £1000) which is much more than i realistically need. I do use these...

AAD forum: apols for posting on the miscellaneous site but nowhere else could i find the 'post new thread' button. Anyway, here we go:
I have an old debt that defaulted in 4 1/2 years ago and have received recently a letter from BW Legal who say they are writing on behalf of Lowell. Letter goes...

Hi All,

I'm desperately in need of help. I was planning to go the UE route when ready to do with my terrible debts, so but due to personal issues and depression, the time is not yet right for me to take on my creditors. I have been paying reduced payments to most of them apart from...

EC pushes ahead with cap that threatens 'free' debit cards

This is a duplicate of the Blog Entry made on 17th July 2013 13:42.

*Brussels wants to limit the amount Mastercard, Visa and the banks can earn - but charges may be needed or "cashback axed" to replace the...