Don't be bullied by credit card companies

Credit card companies are using people's fear of a bad credit rating to sell products. But don't let them bully you. Ruth Jackson explains how your credit report works, where to get a copy of it for free, and three simple ways to improve your credit rating.

Credit card companies are using a new ploy to hang onto customers. Fear.

Last week I applied for a new credit card. My application was accepted. But when I received the final details my credit limit, and the interest rate I would pay I decided the card wasn't for me after all. So I phoned up the credit card company and tried to cancel it.

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Ruth Jackson-Kirby

Ruth Jackson-Kirby is a freelance personal finance journalist with 17 years’ experience, writing about everything from savings accounts and credit cards to pensions, property and pet insurance.

Ruth started her career at MoneyWeek after graduating with an MA from the University of St Andrews, and she continues to contribute regular articles to our personal finance section. After leaving MoneyWeek she went on to become deputy editor of Moneywise before becoming a freelance journalist.

Ruth writes regularly for national publications including The Sunday Times, The Times, The Mail on Sunday and Good Housekeeping, among many other titles both online and offline.