Credit Card Expert Says January is Good Time to Assess Transfer

The website creditcardexpert.co.uk, a comprehensive guide highlighting the best available deals and providing general credit card tips to consumers, said today that consumers should check out good credit card deals for transferring post-Christmas debt.

London (PRWEB) January 24, 2007 -- The website creditcardexpert.co.uk, a comprehensive guide highlighting the best available deals and providing general credit card tips to consumers, said today that consumers should check out good credit card deals for transferring post-Christmas debt.

"Credit card companies recognise that January is a tight month for most people and they see it as a good opportunity to attract new customers with good deals," said Justin Drummond, CEO of Media Corporation plc, which runs www.creditcardexpert.co.uk.

Credit card companies recognise that January is a tight month for most people and they see it as a good opportunity to attract new customers with good deals

We advise credit card holders to take advantage of this increased competition by checking what deals are out there and seeing whether they can save themselves money

The technology on our web site makes it easy to check out the latest card offerings and to compare what is best for each individual

It's important to note that financial institutions and credit card companies have different priorities and may be seeking to attract clients from a particular demographic. So if you aren't accepted by one card company, it is worth trying others

Over the past couple of years, credit card use in the UK has grown strongly and more and more people are using cards to manage everyday transactions like grocery shopping. While many people are aware of credit card market opportunities, many others haven't in the past had the time to do the investigation to compare what's out there.

Now they can do it simply on creditcardexpert, with the help of our technology

Last year it is estimated that about 8.5 million card holders - about a quarter of the 33 million credit cardholders in the UK - switched existing balances to a new credit card in 2006 and in the process saved substantial interest costs..

"The technology on our web site makes it easy to check out the latest card offerings and to compare what is best for each individual," Mr Drummond said.

Interest rates, features, benefits and card type can be compared from the complete array of UK credit cards and most importantly, all available 0% credit cards for balance transfers can be easily tracked down.

The site also offers in depth details of the best credit cards available in its credit card reviews section.

Once comparisons have been made, it is possible to apply for a credit card online, through www.creditcardexpert.co.uk.

"It's important to note that financial institutions and credit card companies have different priorities and may be seeking to attract clients from a particular demographic. So if you aren't accepted by one card company, it is worth trying others," Mr Drummond said.

"Over the past couple of years, credit card use in the UK has grown strongly and more and more people are using cards to manage everyday transactions like grocery shopping. While many people are aware of credit card market opportunities, many others haven't in the past had the time to do the investigation to compare what's out there."

"Now they can do it simply on creditcardexpert, with the help of our technology," he said.

Enquiries:

Media Corporation plc
Justin Drummond, Chief Executive Officer
+44 (0)20 7618 9000

Note to editors:

Listed on the London Stock Exchange, Media Corp, is a leading internet media and advertising company focused on search, publishing and media sales. The company has two other principal divisions:

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