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.....
Business demand for credit has slumped with 7 per cent fewer applications in the March quarter than for the same quarter last year. Veda Advantage said that the decline in enquiries was the largest fall in the two years that they have been monitoring business data. AMP Capital's chief economist Shane Oliver said that reduced investment by businesses is expected at the current stage of the cycle while interest rates are high and confidence levels have dropped. Mr Oliver sees the data as evidence that the Reserve Bank's action on interest rates is working and that rates will not have to be raised again.
