Credit card providers need to get better at explaining the terms and conditions of their cards to consumers, a financial expert has claimed.Tobias Van Der Meer, managing director of moneysupermarket.com, said many consumers are unaware how credit card repayments work.Two-thirds of those polled by moneysupermarket.com didn’t know that the cheapest debt is paid off first [...]
More: Credit cards chastised for opaque terms and conditions