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.
.....
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.....
Average repayments to rise by $375/month 12 October 2009
Variable home loan interest rates have started to rise, and are destined to rise a lot further in the next 12 months. The Reserve Bank may raise rates by 2.0 per cent within 12 months say financial analysts at Credit Suisse.Adding two per cent to an average 25 year, $300,000 home loan will increase repayments by $375 per month. Additionally many observers are predicting that banks may raise rates on their standard variable mortgages by even more as they attempt to cover high funding costs.Already two small lenders have raised their standard variable mortgage rates outside of moves by the RBA.Toowoomba based Heritage Building Society and the Tasmanian credit union B&E have quietly raised rates on their variable home loans by 0.15 and 0.10 per cent respectively in the last few weeks.
