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Minimise Your Credit Card Costs

If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges. .....
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Leasing
 Commercial Hire Purchase
Article
 Building approvals fall
Online Brokers
 RAMS reports profit surge
Internet Banking
 Phishing inhibits banks communication with customers
Low Doc Loans
 RBA considers housing loan stress levels
 
Tips & Tricks
Credit Cards
 
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
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Credit Cards
 Credit Card Balance Transfers
 Watch out for the 'revert rate' on balance transfer offers
 Watch for different interest rates on the one card
HomeLoans
 Don't compare against the so-called 'standard variable rate'
 Look out for 'deferred establishment fees'
 
Latest Article
 
Basic loans more popular
 
Basic home loans used to be popular with first home buyers and low income earners but due to improved features they are enjoying a wider popularity. Borrowers have found that a basic home loan will give them a cheap rate and, depending on the product, plenty of features. However, there are some back-end charges to consider. Often basic home loans have deferred establishment fees if the loan is repaid early, which can be as high as $1,495.
 
Source :The Age
 

 
RBA considers housing loan stress levels
The Reserve Bank of Australia (RBA) has found that home buyers in parts of Sydney and Melbourne are struggling with increases in loan repayments after three interest rate rises last year and falls in the values of their properties.............Details
 
 
Mortgage stress overlooked by lenders
Australian lenders are fighting to retain or boost their market share, despite evidence of mortgage stress. The major banks are predicting a rebound in mortgage lending this year as fears of further interest rate rises fade.............Details
 
 
Survey sees a fall in refinancing
Macquarie Mortgages has started to see a fall in refinancing as last year's interest rate rises begin to have an effect. ............Details
 
 
Rising mortgage defaults drive action
Increasing numbers of mortgage delinquencies have prompted Genworth Financial to contact clients directly and implement workout strategies.............Details
 
 
Rental Crisis takes centre stage
The Federal Government is considering providing assistance to families hurt by sharp increases in rental prices.............Details
 
 
 




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