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.....
Economists at the ANZ Bank are now tipping the Reserve Bank will increase rates twice more this year which would take the standard variable rate at the major banks to 9.97 per cent. The forecast comes amidst signs that growth in the global economy continues to surge despite financial turmoil in the US. The ANZ now expects that inflation will hit a peak of 5 per cent some time this year. Only two weeks ago credit markets had put the chance of a rate cut in the next year at 80 per cent, now pricing suggests the same probability of a rate rise.
