Undue credit
Article Abstract:
Australian banks have responded to falling interest rates by cutting mortgage rates and saving rates, but interest rates for credit cards have remained largely unchanged. Credit cards remain the most expensive form of borrowing. The higher credit card rate is explained by the high risk, their unsecured nature and the high transaction volume.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2001
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Low-fat loans
Article Abstract:
Banks are discounting interest rates on most of the home loans as the Reserve Bank data reveals that about 80% of borrowers pay less than the standard variable rate of 7.32% thereby saving around $102,000 in interest. Details on fixed-rate home loans, variable rate are presented.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
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Loan hand
Article Abstract:
Private funded loans are the alternatives for people who do not meet traditional lending requirements. They provide finance to small business and the self-employed without the income proof, bank statements or credit checks but charge hefty exit fees.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2004
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