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.....
The Reserve Bank of Australia is expected to keep official interest rates on hold at three per cent when the board meets this week. Economists expect further easing of the official cash interest rate in coming months however a more cautious approach to rate cuts is expected in 2009, compared to the big cuts of late 2008. The RBA has slashed rates from 7.25 per cent since September.The treasurer Wayne Swan will release the federal budget next week which is expected to reveal big cuts to government revenue as unemployment rises. Some economists expect an interest rate in June after the release of new labour force data for April.
