The proposed changes to credit cards do not go far enough to help consumers with their debts.That is according to David Rodger, managing director of the Debt Advice Foundation, a provider of free and impartial debt advice.He said: "Credit card debt, one of the most expensive forms of borrowing, was never meant to be used for the levels of borrowing we see today, where they are now akin to personal loans."We believe that average credit limits are substantially higher than is reasonable for these types of APRs and need to be tackled quickly."However, Mr Rodger noted that some of the changes will be a good thing for consumers.The UK Cards Association recently reminded the nation's 30 million credit card holders that the New Year will see a number of changes that will give consumers greater control over their credit card accounts.One of the changes means that most expensive debt on your credit card will always be paid off first.Amir HussainAmir specialises in personal loans, consumer debt and debt management.
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