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.....
Consumers are continuing to pay off their credit cards and use their debit cards for spending. The value of purchases and cash advances on credit and charge cards fell 1.57 per cent in August according to figures released by the Reserve Bank of Australia (RBA).EFTPOS purchases, including cash withdrawals, rose 2.15 per cent in the month.Purchases on debit cards rose by 13.8 per cent in August. The average credit card balance was $3,131 in August, up by just 0.1 per cent compared to August 2008.Credit card repayments are almost five per cent higher than they were in August last year. Cash advances on credit and charge cards was down 9.2 per cent on 12 months before.
