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.....
Aust credit card market matures with population 27 June 2008
Credit Card holders are happy with limits around $10,000 and revolving balance around $3,000 according to CommSec. Outstanding balances are growing at their slowest rate since 1994. The Australian credit card market has matured said Craig James from CommSec. The average balance has plateaued and so has the average credit limit. Average monthly transactions have been sitting at 8.5 for some time. James suggested one reason the market was maturing was the ageing of the population. Older people are less inclined to borrow.