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Please note: The maps are scaled back to the speed of introduction, and then evaluated were selected from the best tickets per company . The variable interest rate. incurred terms and conditions and fees may apply.

Sydney, Australia (openPR) 9 October 2010

during the official currency fell 2.25 percentage points since December 2007, 6.75 percent to 4.50 percent of the electricity (in September).

Damian Smith RateCityâ? s CEO, the most vulnerable users of credit cards that have an outstanding balance of said bit strongest card provider.

â? We found that credit card holders who opt for a credit card balance transfer and still have been using the card after the introductory period the toughest of loads of interest rates on the hit list years ago.

â? Although the average rate of introduction of cards for balance transfer is exactly the same as it was in December 2007, WT? have seen their interest rates for credit card supplier purchases and balance transfer cards response rate increased significantly. These sets of purchase and return, are of course much less obvious than the introductory rate balance transfer well known, so that consumers must carefully consider any offer of credit.

â? Ends In fact, for 000 of the debt on the credit card balance transfers after the introductory period, pay that credit card holders an extra month when they were one in December 2007? ? ? He said.

change is to reduce the number of cards with a balance transfer rate low? for LIFEA ????, which means that you transfer the debt on the card will receive a low interest rate period indefinitely, as long as the minimum payment is reached.

â? In December 2007 rate city registered 84 cards with balance transfers low life, but now there are only three, including Suncorp Bank and Citibank, â? Said Mr. Smith.

itâ? s not all bad news for consumers, the credit card debt, according to Mr. Smith that advise city found that times of the introduction of the card balance transfer credit cards has increased since December 2007, moving from an average of 6.2 months for almost seven months.

â? Consumers now have more time than to take three years before the benefits of a period of low interest intro and repay their debts, â? He said.

difficult for holders of credit card debt on their cards, there are many ways to save on interest and pay back your debt for good, according to Mr. Smith.

â? Currently there are 11 credit cards offering interest-free up to six months and if used properly, they are always a great way to save money interests.

â? The best way is to use the card balance transfer, as much as you can pay during the period of low interest rates and donations? t use the card to make purchases and cash withdrawals, because they usually charge much more interest in the transactions. If you paid your debts, compare interest rates What? S on the market and examine its closure for a better card.

â? Make sure the contract and all terms and conditions please read before signing anything, â? Said Mr. Smith.

For more information please contact:

Michelle Hutchison
Consumer advocates
& PR Manager

Tel: +61 2 8917 8005

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rate city

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