‘Unloved and unused: millions of credit cards languish’

August 21, 2006 at 11:41 am

Millions of adults in the UK are lumbering their wallets with plastic that never gets used, said a Morgan Stanley survey.

The average adult keeps 2.1 credit card on their person at all times . A quarter have cards that they have not used for the past year however, while one in nine people has two.

Around one in ten people are still carrying cards that last saw service in mid 2003, the survey revealed. Most of the unused cards were balance transfer cards with old deals…….

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‘Binned bank details claim investigated’

August 18, 2006 at 11:31 am

NatWest and Royal Bank of Scotland are being investigated for allegedly dumping customers’ financial details in bins.

The Information Commissioner’s Office (ICO) is looking into claims that data protection rules have been breached, following a complaint from the campaign group Scamsdirect. It said it had found customers’ personal details in bins near two bank branches in Hampshire.

A spokesman for the ICO said: “Clearly, where personal information is not disposed of securely, there is a risk that it will fall into the wrong hands…..

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