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 we’re not ready to be fair 27 August 2009
The Australian Bankers’ Association (ABA) said the banking industry will not have enough time to review and, where necessary, amend their consumer standard form contracts and security instruments to be ready for the start of the proposed unfair contract terms regime in January next year.ABA Chief Executive, David Bell, today told the Senate Economics Committee the banking industry needed more time to transition and the definition of ‘unfair’ was also causing concern in the banking industry.The ABA is asking the Government to postpone the start date of this legislation until January 2011 so the industry has enough time to become compliant with the proposed regime.Banks are also facing changes to consumer credit and reform of personal property securities laws in the coming year said the ABA.