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.....
A meeting of the federal government’s peak finance policy body, the Financial Regulators Council, last week canvassed early exit strategies from the bank deposit guarantee and the wholesale funding guarantee.The Rudd government is believed to be under some pressure to follow the lead of the Obama administration which is winding back its bank guarantees.Yesterday’s release of the Reserve Bank review of the big banks showed Australia's banks are not under threat of failure, with bad debts only a fraction of those experienced in the 1990s recession, and profit levels stabilised.Bank share prices have risen by 75 per cent since March.The government guarantee on deposits up to $1 million is not due to expire until October 2011.The Reserve Bank said ending the guarantee early and replacing it with a more permanent form of deposit insurance was being considered.
