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.....
Small business misses out on rate cuts again 8 January 2009
The Reserve bank of Australia yesterday cut official interest rates by 0.25 per cent to a 49 year low of three per cent. Only Commonwealth Bank and NAB has made announcements about whether they will pass on rate cuts to their borrowers. Commonwealth Bank said its' business lending rates were under review, while NAB said its pricing needed to 'responsibly reflect' increased funding costs.The Australian Chamber of Commerce and Industry said business had received only about 2.8 per cent of interest rate cuts while the Reserve Bank had cut rates by four per cent since September. The Housing Industry Association wants the competition regulator, the ACCC, to investigate why business rates have not fallen in line with residential mortgage loans.
