By Kevin Peachey
Personal finance correspondent, BBC News
image copyrightGetty ImagesSome Barclaycard customers will see their minimum repayments rise from Tuesday, at a time when finances are already stretched owing to Covid and Christmas.
The new requirements are tailored to each customer, although some may see a significant rise in demands.
But the changes will also see charges for exceeding a credit limit scrapped.
January is a pinch point for many in debt and borrowers are being urged to seek help if they are in trouble.
‘Charges explained’
Barclaycard signalled the changes to their pricing structures in November, although some borrowers may have missed the notice, which was titled “changes to your terms and con…
Read the full article at: https://www.bbc.com/news/business-55765864
