Credit Card News Archive History

Credit Card News 

• 

  North Coast consumers urged to keep credit cards safe

  Aussie credit card holders are being urged to make sure they keep their possessions safe.Police are warning people to be aware of an international gang targeting credit card customers across the North Coast, in cities ...

  Tue 31st Mar, 2009
• 

  Charity supporters using credit cards to donate

  Although the financial crisis continues to bear down on them, Aussie credit customers are still looking to give to charity.In a Sunday Telegraph article it was revealed that a number of voluntary and charity groups across ...

  Mon 30th Mar, 2009
• 

  Credit card cancellers should first clear balance

  Those looking to cancel a credit card should do so with caution.Aussies wishing to close down an account, whether because they have opted for a balance transfer and switched to a new credit card or for whatever reason, have ...

  Fri 27th Mar, 2009
• 

  Putting stimulus cash towards credit card debts advised

  Aussies receiving money as a part of the government's financial stimulus package are advised to use such cash to pay off their credit cards.In an email sent to its clients, Financial Design for Life recommends that those set ...

  Fri 27th Mar, 2009
• 

  'Plenty of tools available' to get credit cards under control

  Aussie credit card holders need to be aware that there a number of means that can help them to get to grips with their borrowing.Writing in Loaded - the weekly column in Lifehacker - Angus Kidman points out that for those ...

  Thu 26th Mar, 2009
• 

  ABS reveals rise in nation's credit card debts

  The amount of money the nation owes via credit cards has increased over the years.Figures from the Australian Bureau of Statistics (ABS) reveals that in 2005-06, around two-thirds of all Aussie households had some form of ...

  Thu 26th Mar, 2009
• 

  Aussies 'struggling to access credit cards'

  Problems accessing credit cards could be causing financial pain for Aussies.Such is the assertion of a new report - Trends In Personal Insolvency In Australia - from the University of Melbourne, which also reveals that ...

  Wed 25th Mar, 2009
• 

  RBA issues credit card security warning

  More thought needs to be lent towards credit card security.Speaking at a conference in Sydney, Dr Philip Lowe - assistant governor at the Reserve Bank of Australia (RBA) - states that card providers must do more to improve ...

  Wed 25th Mar, 2009
• 

  Aussies 'struggle paying credit card bills'

  The timely payment of credit card bills is an area of difficulty for a significant number of Australians.Research carried out for Dun & Bradstreet reveals that just under a quarter (23 per cent) of those receiving a ...

  Wed 25th Mar, 2009
• 

  Stimulus money 'should be used to pay credit card debts'

  Now could be an ideal time to take steps to clear their credit card debts, for those Aussies receiving money from the government as a part of its financial stimulus package.Speaking to A Current Affair, Paul Clitheroe - ...

  Tue 24th Mar, 2009
• 

  Credit card skimming operation in Melbourne

  Aussie credit card holders have been the target of a recent skimming operation in Victoria.Detectives in Melbourne are investigating a number of thefts and deception from an ANZ cash machine located in the centre of the ...

  Tue 24th Mar, 2009
• 

  Older Aussies warned on credit card security

  Older credit card users have been urged to keep their details safe.Gail Gago, consumer affairs minister, points towards reports from the Office for the Aging that the elderly and those from vulnerable backgrounds living in ...

  Mon 23rd Mar, 2009
• 

  Credit cards 'birthright for young people'

  Young Aussies have become extremely comfortable with the prospect of using credit cards.Writing in the Australian, Matthew Clayfield points out that young people are "accustomed to instant gratification" and are ...

  Mon 23rd Mar, 2009
• 

  Credit card providers 'willing to negotiate debts'

  Those looking to get to grips with their credit card debts may be interested to hear that a number of providers are prepared to negotiate on the overall amount of money that is owed.An article by The Sheet points out that ...

  Fri 20th Mar, 2009
• 

  WA families struggling with credit card debt

  An increasing number of households in Western Australia (WA) are struggling with their money management, a financial consultant points out.Ben Paris, senior debt consultant for Debt Mediators Australia, reveals that calls ...

  Fri 20th Mar, 2009
• 

  RBA reveals fall in credit card use

  Aussies are spending less money on their credit cards, according to official figures.The Reserve Bank of Australia reveals that the number of purchases made using credit cards fell by some 22.1 per cent over the course of ...

  Thu 19th Mar, 2009
• 

  Aussies 'should think before cancelling credit cards'

  Aussie credit card holders have been urged to think carefully before cancelling a card.Money AU advises borrowers that cancelling a card - whether it is because people wish to carry out a balance transfer, take advantage of ...

  Thu 19th Mar, 2009
• 

  Aussies 'need to be cautious of reward credit cards'

  People should approach reward credit cards with caution.Research carried out by CHOICE claims that such credit cards are only viable for those who are able to repay their balance in full every month, as the interest is ...

  Thu 19th Mar, 2009
• 

  Credit cards 'needs to be paid off'

  Getting to grips with credit card debt needs to be a main area of focus for Aussie credit consumers, it has been suggested.Laura Menschik, a financial adviser at WLM Financial Services, urges that those set to receive a cash ...

  Wed 18th Mar, 2009
• 

  Credit card holders owing multiple debts 'backed into corner'

  People in one part of New South Wales are finding credit cards increasingly difficult to manage, a financial counsellor claims.Maxine Wright, of the Forster Neighbourhood Centre, points out that this time last year she was ...

  Wed 18th Mar, 2009