Mon 4 Feb 2008
Has Egg cracked?
Posted by Craig under Money with the tags credit cards • debts • Egg • MoneyNo Comments
So Egg have decided to cancel their credit card agreements with over 160,000 customers which is an intriguing development.
They aren’t asking these people for the money they owe (if they do owe anything at the moment), they are simply cancelling their cards so that they can’t spend any more but can continue to repay any debts at a rate they choose.
Is it just me who finds this a bit worrying?
