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.....
Consolidation in the finance sector continues as Wizard, one of Australia's largest non-bank lenders, will be put up for sale this week by GE Money which bought the business four years ago. According to The Australian, the decision will be announced at a meeting of NSW franchisees this Wednesday. Founder Mark Bouris is understood to have asked GE for millions of dollars to take over running of the company which he would then sell at a later time however GE are believed to be searching for alternative buyers. GE paid $500 million for the company but tough trading conditions due to the global credit crisis mean that any sale is likely to generate only a fraction of this amount. Franchisees have complained that since GE assumed control Wizard's competitive edge has been dulled and tighter lending criteria has seen mortgage volumes fall.
