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.....
CBA slashes deposit rates, keeps profits 12 February 2010
Commonwealth Bank is the world's most profitable retail bank with a return on equity of 18.5 per cent. Chief executive Ralph Norris defended CBA against claims it had gouged customers to achieve the stunning cash result, which was 54 per cent up on the previous first half."There's nothing worse than a bank that can't make money," Mr Norris said. The average interest paid by CBA to depositors with transaction accounts and fixed deposits fell to 3.48 per cent from 5.52 per cent a year earlier. The bank's interest margin rose because of this sharp decline in the cost of raising retail deposits.
