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.....
St George Bank announced a downgrade to its profit forecast yesterday, the first such move in nine years, although still expecting to increase its full-year earnings by between 8 and 10 per cent. Chief executive Paul Fegan said that the bank had achieved an interim profit of $603 million which had been dragged down by the effects of the global credit crunch and a $20 million loss on a loan to troubled property group MFS (now called Octaviar). Mr Fegan said that the original earnings per share guidance of 10 per cent had been adjusted to between 8 and 10 per cent although this was dependant on "no further unexpected material losses".
