There should not only be restrictions on store card rates but also on credit cards i.e Visa, Mastercard etc. It is wrong that they have put up their interest rates when the Bank of England rates have gone down. You now have a situation where the interest added to the cards are more than the minimum payment, so it is very difficult for anyone to pay off their balance. They should have a restriction on the rates such as 5% above the Bank base rate.
