Although your minimum monthly payment may not look like much, your debt is denting your finances more than you realize.
If your credit card balance is losing you sleep at night then for goodness sake do something about it today.
A landmark report commissioned by the Consumer Action Law Centre has exposed psychological tricks used to market credit card limit increases in unsolicited letters.
The key to being smart with your money is learning to differentiate between good and bad debt.
Official interest rates have peaked at 7.25 per cent - the highest since December 1994 when they were 7.5 per cent - and it's playing havoc with household budgets. FatCat looks at the issue of switching lenders.
While deregulation of Australia's telecommunication industry has led to more choice for consumers, the complexity of plans on offer is creating angst, uncertainty and escalating bills for many.
Mobile phone providers have come up with nifty ways to not only dominate our free time - with addictive-services like texting, downloading ringtones to video messaging - but also charging us for the privilege.
With more than 14 million credit and charge cards in use across this wide brown land, it's fair to say Australians love their plastic.
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