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.....
50/50 chance of rates going up again 7 January 2010
The Reserve Bank should pause its rate rising agenda says a leading business lobby group because new data indicates continuing weakness in the economy.The Australian Industry Group-Commonwealth Bank of Australia performance of services index dropped 2.5 points to 50 points in December. Services make up the largest stake of the Australian economy."The December Australian PSI confirms that the recent improvement in the services sector lacks traction and adds weight to arguments for a pause to interest rate rises,” said AIG group chief executive, Heather Ridout.Markets are currently pricing in a 50 per cent chance that the reserve bank will increase official interest rates again in February. The official cash rate is currently set at 3.75 per cent, after three 0.25 per cent increases in the last four months.