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Deaaamn! Credit Card Companies Can Charge 40%?
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06-07-2006, 09:05 PM
rowan
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Join Date: Mar 2002
Location: Australia
Posts: 17,393
In Australia the card companies are fighting with each other to release low rate cards. Some are down below 9% now, with lucrative transfer offers (eg 0% interest on balance for 6 months). The reserve bank cash lending rate is something like 6%.
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