Confused.com supports credit card customer protection

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Confused.com supports credit card customer protection

Confused.com has commented that new proposals by the government should protect consumers from money troubles caused by credit cards.

Joanne Garcia, head of credit cards at the comparison site pointed out that many people depend on such products from day to day.

She explained: "This move by the government could potentially give more power back to consumers and allow them to regain control over their finances."

Ms Garcia noted that anything that will help protect consumers is a good thing.

It is not just protection from the credit card companies that people will need, but sometimes from their own temptation, she continued.

In her view, limit increases and credit card cheques are two features which can lead to debt problems because the customer cannot resist taking advantage of them.

The new proposals were announced by the Department for Business, Innovation and Skills and hope to give consumers a better deal when they use store and credit cards in the future.

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