Credit Card Victim

John Chow has written a great article explaining why 0% interest credit card offers can actually be a trap. It basically comes down to make sure you read

the fine print and look for the details that aren’t in the glossy advertising.
Back here I wrote about how I’d applied for a GE Money Mastercard […]

There was an email waiting for me at work today from the loan consultant.
$18,000 over a five year term is going to cost me about $180 a fortnight.
Averaged out over the year this is going to need another $55 a pay on top of the minimum credit card repayments I have been making for the […]

At the prompting of my newly appointed nagger, Today I sent an email to the local consultant requesting information on the process to apply for an $18,000 personal loan to consolidate my credit card debts. I also asked how much the repayments would be over a five year term.
My rough calculations are that it […]