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.....
Profit surges up for Bendigo & Adelaide 12 August 2008
Bendigo and Adelaide Bank reported that after tax profit rose 40 per cent to $170 million for the year to June 30 2008. Bendigo shares rose 65 cents or six per cent to $11.41 on the news. The bank said its large portfolio of residential housing loans had helped it avoid some of the corporate debt problems afflicting its big bank rivals. The bulk of the bank's mortgage repossession activity had been in NSW despite the main footprint of Bendigo being in Victoria. The merger of Bendigo with Adelaide had driven down costs and earnings per share up to 13 per cent growth from last year. Low Doc loans now comprise 13 per cent of the banks combined loan book and 40 per cent of all mortgages in possession. The bank said it had not diminished the quality of its loan book and said the situation was under control.
