Monument hits poor by closing credit card accounts

calendar October 31, 2009

• Monument had a million card holders at its peak • Former Barclaycard offshoot charged rates of up to 39.9% One of Britain’s biggest sub-prime credit card operators, Monument, a one-time subsidiary of Barclaycard which had nearly one million card holders at its peak, has closed down and told its borrowers to repay their balances Monument’s customers, who were typically people with poor credit …

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Monument hits poor by closing credit card accounts

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