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.....
Investors have cut back their expectations of a rate rise in March after the Reserve Bank surprised the market yesterday by keeping official rates steady at 3.75 per cent. Futures markets have cut the chances of a rate rise to 4 per cent by end of March to just 50 per cent, from near certainty previously.Markets had priced in rates of 4.75 per cent, up one per cent from current settings, by the end of 2010. That price has now come back to 4.5 per cent. The RBA said it wanted more time to assess the impact of recent rate rises. The central bank has raised interest rates by 0.75 per cent from an historic low point of 3.0 percent in September 2009.
