Sep10
Another interesting article - beware card sharks!
Categories: news
Another interesting news article from news.com.au.
To summarise the article, the average Australian card debt is a whopping $3100. 60-70% of Australians do not pay off the debt each month, racking up interest rates monthly.
The best advice for this kind of situation is to know what kind of product you are after. Compare the different types of cards out there. Check the interest rates, check the annuals fees and interest free days. Every aspect of a card is important so shop around!
http://www.news.com.au/business/money/story/0,25479,24310525-5013952,00.html
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