Plastic cards are all the same, right? Wrong! Debit and credit cards go head-to-head over nine rounds and a winner emerges! How do debit and credit cards compare? Naturally, there will be occasions when it is better to use one rather than the other. Hence, here’s our detailed guide to which plastic is more fantastic!

Contact your lender(s) as soon as possible, preferably before you default on your minimum repayment. Explain your situation and stress your willingness to pay whatever you can. You should be able to negotiate an achievable repayment plan or payment holiday. However, do not agree to any specific deal without consulting independent help.

The government announced new rights for credit card users on Monday that it says will save consumers millions of pounds and give them more control over their finances. The new rights were secured in an agreement between the government and the credit and store card companies.

The Government has announced a shake-up of the credit card industry. Our Q&A explains how the changes will affect cardholders. Can my card company still raise the interest rate on existing debts? Yes – the Government has shied away from banning this practice, which many consumers see as an unfair rewriting of an existing agreement. But it is giving cardholders more chance to avoid paying higher rates of interest.