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.....
The unemployment rate fell in December to 5.5 per cent after the fourth consecutive month of rapid jobs growth. The good employment numbers put extra pressure on the Reserve Bank to raise interest rates again in February.Financial markets are pricing in expectations of a further 25-basis-point interest rate increase, depending on the inflation figure to be reported in two weeks.Some economists are even predicting that the RBA may have to raise official interest rates to above five per cent (they are now set at 3.75 per cent) which would push retail mortgage rates well above eight per cent.
