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.....
Stevens says wait and see on rates 3 February 2010
Reserve Bank governor Glenn Stevens highlighted the divergent trends in housing and business credit growth in his statement yesterday, following the RBA board meeting. The board decided to leave the cash rate at 3.75 per cent.Stevens said that while credit for housing was expanding at a solid pace, business credit was still falling “as companies have sought to reduce leverage and lenders have imposed tighter lending standards, and in some cases sought to scale back their balance sheets.”Stevens said the RBA’s view was that “credit conditions were difficult for many small businesses.” The board wants a clearer picture of how rate rises are affecting business before moving again.
