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.....
Growth in the amount of money Australians owe their banks and other lenders has slumped to its lowest level since 1993. Credit growth was up just 1.3 per cent in the June quarter to $1.85 trillion after many years of very high growth rates. Business lending growth has slowed dramatically to four per cent, annualised, for the June quarter, down from 25 per cent six months earlier. Personal lending has stalled and home lending growth has fallen to the lowest level recorded since the mid 1980's. Retail sales went backwards by 0.6 per cent and were two per cent down in Victoria.
