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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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.....
Westpac announced a six per cent rise in cash profit to $3.73 billion and a 93 per cent increase in provisioning for bad debt to $931 million. The bank will increase dividends to 72 cents per share by underwriting and maintain capital adequacy ratios of 7.8 per cent of tier one capital, the highest among the major banks. CEO Gail Kelly said the bank was focussed on customers and wants to turn customers into promoters of the bank. Westpac expects housing and business loan growth to slow to 6 -8 per cent from 10 per cent last year. Kelly said Westpac expects interest rates to be cut by a further 1.5 per cent by March 2009.
