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.....
Credit ratings agencies overhauled 13 November 2009
The Australian Securities & Investments Commission yesterday announced a widely flagged package of reforms that will require ratings agencies such as Standard & Poor's and Moody's to manage conflicts of interest, hold an Australian financial services licence from January 1, as well as have adequate resources for the scale and complexity of their businesses.The Prime Minister Kevin Rudd has previously criticised the ratings agencies. "Dependent as they were on the banks for their revenue, the agencies were hopelessly conflicted by the lure of big profits in return for easy ratings," Mr Rudd said.
