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.....
Bendigo gets tough on forestry investors 2 February 2010
Bendigo and Adelaide Bank filed legal claims against a select group of investors in the tax-effective forestry schemes managed by Great Southern. Only three investors received writs, filed in December, but hundreds more may yet do so.Some borrowers from the bank who invested in the scheme have adopted the view that they do not need to repay their loans (and which are generating no income). The receivers of Great Southern have began selling the assets, but which leaves the liability on investors to meet their obligations to the bank unaffected.In August 2009, the last time Bendigo disclosed this data, it said that about 18.2 per cent of loans by borrower (or 1492 loans in all) and 21.6 per cent by value ($120 million) were in arrears, though this may have moderated over recent months.
