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.....
NAB playing catch up to Westpac in mortgages 1 February 2010
Westpac reported growth in its home loan portfolio of 1.6 per cent for the month and compared with growth in home lending, across all banks, of 1.0 per cent. The bank’s mortgage book increased 5.0 per cent over the December 2009 quarter compared with banking system growth of 3.3 per cent.
The decision by Westpac in early December to lift variable interest rates on home loans by significantly more than the rise in the RBA cash rate will presumably curtail this industry leading rate of growth, leaving room for some other banks to fill the void.
National Australia Bank, playing catch up in the home loan segment, underperformed in December with growth of only 0.6 per cent, though above average growth in lending in October and November means NAB ranked second over the December quarter for growth in home loans.
