Loans favoured over credit cards

Story date: 2007-08-20 12:28:00
Added on: 2007-08-20 01:35:20

News.com.au - AUSTRALIANS are ditching credit cards in favour of personal loans as interest rate rises start to bite, according to new research. The Veda Advantage Consumer Credit Demand Index reveals personal loan applications rose by 66,906 or 9.7 per cent to ...


Read more...

Related Stories:

• Interest rate pain hits credit cards

  News.com.au - Debts racking up as rates rise, shares sink Calculator : Compare credit cards More credit card news in our Money...
  2008-01-19 04:54:00

• Credit cards are dangerous things to get involved with (Express India)

  Debt in India has grown a lot over the past few years. A large part of the growth could be attributed to...
  2008-11-08 04:42:40

• Is your debit card a danger? - Detroit News

  Credit cards = evil. Debit cards = good. That's the conventional wisdom among personal finance experts, and it makes sense. Credit cards...
  2008-06-14 04:44:00

• Families turn to loans and credit cards to cover mortgage bills (Times Online)

  More than four million households have resorted to personal loans or credit cards to cover mortgage or rent payments in the past...
  2008-07-03 03:59:15

• LendingTree Fed Rate Forecast: Chief Economist Predicts First Rate ...

  Forbes - LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, credit cards and...
  2007-09-17 07:06:00

• Aussie goes into personal, car loans

  The Australian - Aussie started out as a home loan provider, but turned into a mortgage broker about six years ago. It...
  2007-10-09 07:52:00

• LendingTree Fed Rate Forecast: Chief Economist Predicts First

  MSN MoneyCentral - LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, credit cards...
  2007-09-17 06:59:00

• Money Now USA Now Adding Sub-prime Personal Loans to Help Borrowers ...

  Forbes - ... just added sub-prime personal loans enabling borrowers to get caught up on mortgage ... These loans are designed...
  2007-10-08 05:23:00