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.....
Another rate rise in the first week of May looks likely after minutes of the last Reserve Bank board meeting were released yesterday showing that the bank believes that it needs to act quickly in the face of rising commodity prices and the subsequent impact they may have on inflation.The terms of trade are currently “noticeably stronger” than had been expected said the board. Hence it “might be prudent not to delay adjustment”. The bank raised rates in April by 0.25 per cent to 4.25 per cent. The language of the bank board has changed in recent months. Previously the board has talked about a ‘gradual process’ of raising rates back to normal levels. However they now no longer say the process will be gradual.
