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.....
Banks say they will limit rate rises 1 February 2010
Westpac bank is believed to have been stung by widespread criticism of its mortgage pricing strategy and will limit rate rises to RBA guidance or just above RBA rate rises. Westpac’s pricing committee is believed to met recently and set the bank on a ‘middle of the road’ strategy.
NAB has already committed that it will not move rates above any rate rises imposed by the Reserve Bank. “NAB will not increase interest rates above any RBA decision,” said a spokeswoman on the weekend.
The Reserve Bank is expected to raise rates by 0.25 per cent when it meets in Sydney tomorrow (Tuesday 2nd of February)
