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.....
BankWest's east coast plans eat into profit 1 August 2008
HBOS Australia, the owners of BankWest has reported a 12 per cent fall in profit for the six months to June 30, despite a 43 per cent lift in operating income to more than $1 billion from $705 million in the first half of 2007. Income was boosted by new customers from 24 new retail branches and 19 new business banking centres in NSW and Victoria. Another 19 new east coast branches are planned to be opened in the second half of 2008. Losses from bad loans was up 83 per cent, mainly due to increased loans volumes. BankWest said bad loans were centred on a few large value business borrowers. However the percentage of impaired loans to the total loan book was up to 41 basis points from 29 points in the first half of 2007. The bank said the slowing economy heightened credit risks for lenders.
