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.....
NAB's bad debts up to $2.5 billion 21 October 2008
National Australia Bank annual earnings fell by $500 million, or 11 per cent, on last year's $4.4 billion result but the bank was still able to raise its final dividend by 2c to 97c a share, taking the total for 2008 to $1.94 a share. NAB wants to raise $2 billion in capital through a dividend reinvestment plan and has effectively ruled out acquiring Suncorp's banking assets. The bank raised its total bad debt charge to $2.49 billion - $1.69 billion higher than last year, of which $1 billion was US loan exposures. NAB's shares were up $1.68, or 7 per cent, to $24.66 yesterday.
