MILLIONS of credit card customers battling to pay off debt are being slugged with higher interest fees, despite historic low official rates.
More than half of cards issued by banks, credit unions and building societies have higher rates now than two years ago, an investigation has found, The Advertiser reports.
Consumer group Choice says that while scores [...]
Archive for July, 2009
Credit card rates rise as interest falls - AU
July 1st, 2009 by Financial Writer
Tags: australians, credit card debt, credit card rates, official rates increased
Car sales down 37 per cent
July 1st, 2009 by Financial Writer
A senior member of U.S. President Barack Obama’s auto task force testified Wednesday that the U.S. government will not continue to fund General Motors Corp.’s operations if the automaker doesn’t get approval to sell its assets to a new company within the next 10 days.
“We have no intention to further fund this company if the [...]
Tags: automarket, car sales down, General Motors Corp
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