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.....
Homeowners in well off suburbs are paying less per dollar of debt than people living in poorer suburbs according to property consultants Residex. Borrowers in outlying Melbourne suburbs Frankston, Wyndham Vale and Coolaroo pay about $620 per month on each $100,000 of debt, compared to $580 for borrowers in wealthy Toorak.Residex says that translates to about $30,000 is additional repayments over the course of a 25 year mortgage. Residex chief executive John Edwards said lenders offer discounts to borrowers who can afford to borrow more money.The findings parked outrage from consumer groups and local government councillors.
