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.....
Banks make big cuts to fixed rate mortgages 14 October 2008
Commonwealth Bank has followed the other major banks by announcing big cuts in interest rates on fixed rate mortgages. The Commonwealth will cut rates by between 0.7 per cent and 1.55 per cent on their range of fixed rate home loans. NAB announced last Thursday cuts of up to 1.6 per cent to fixed rates which came into effect yesterday. The NAB announcement was quickly matched by ANZ and Westpac. ANZ offers rates of 7.69 per cent for its two, three and four year fixed rate mortgages. Westpac currently has the best rates on offer for fixed rate home loans, offering 6.99 per cent for a three year loan. On a one year fixed rate mortgage, Westpac is offering 7.19 per cent, NAB is offering 7.29 per cent and Commonwealth is at 7.14. Commonwealth also offer a one year guaranteed interest rate loan of 7.09 per cent.