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 told – check up on your customers 3 September 2009
Banks and lenders will have to assess how much knowledge their customer has when they apply for a complex loan or banking product such as a reverse mortgage or low doc loan. ASIC says banks will have to tailor their approach according to the customer and will be required to check up on inconsistencies in customer credit applications.Lenders may also be required to check that information supplied on credit applications is accurate. ASIC says, under new national credit protection legislation, banks and lenders will have to show that a loan given to a borrower was ‘not unsuitable’ for that person.
