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.
.....
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.....
Australian banks are finding it easier to access funding for mortgages and other loans to retail customers despite arguing that debt market costs were forcing additional rate rises to be imposed on borrowers. Bank margins on home loans was now 1.54 per cent while the 90 bank bill swap rate was falling to its lowest level since January at 7.57 per cent. The major banks have added 0.55 per cent on top of the Reserve Bank's official cash rate rises. St George has added 0.6 per cent because of its lower credit rating. Analysts said if NAB's credit rating was downgraded costs would exceed $28 million in 2009.
