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.....
Challenger comes back to the mortgage market 9 December 2008
Non-bank lender Challenger is moving back into the residential mortgage lending market after securing $324.1 million from investors on top of $500 million from the federal government. A study released yesterday by Deloittes suggested that non-bank lenders would be squeezed out the market completely if global credit markets remained frozen. Non bank lenders have been further disadvantaged by the federal government's bank guarantee giving banks a triple A rating on wholesale debt markets. The House of Representatives Standing Committee on Economics says competition is suffering in Australian mortgage markets as non-banks were pushed out and the big banks not effectively competing with one another.
