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Online applications for credit cards becomes a simpler option
Online applications for credit cards becomes a simpler option
New South Wales, Australia 9th April, 2011: The recent economic slump, the confusion over rates and features and the government investigation into inflated charges by credit card companies have made this market a confusing and murky one for customers or those wanting to get a credit card for the first time.
Neutral Bay,
NSW,
Australia
(prbd.net)
08/04/2011
New South Wales, Australia 9th April, 2011: The recent economic slump, the confusion over rates and features and the government investigation into inflated charges by credit card companies have made this market a confusing and murky one for customers or those wanting to get a credit card for the first time. Bringing some clarity into this scenario is LowerBills.com.au, a company based in Neutral Bay, New South Wales that is offering a complete online guide to credit card information and the most lucrative offers. Despite consumer reforms, credit card companies still vary widely in their terms—and thus the need for a comprehensive online resource is evident.
The plethora of products and varied benefits being dangled in front of customers make selection a highly risky process and guidelines from those with expertise and knowledge is definitely something that is needed in this context. LowerBills has entered the market with the avowed mission of being an online resource that helps those wanting to get a credit card to know all the options open to them.
The Current Scene
The US meltdown gradually affected country after country and the current figures reveal that Australians have gone beyond the Americans in their debt burden with an average of US$14,000 more than their US counterparts. The Reserve Bank of Australia has also shown an increase of the average credit card balances to a new high of $3196. While some statistics showed a 20% drop in credit card applications, some surveys brought out the amazing fact that more Australians than ever before planned to get credit cards in the same quarter of the year. It appears that Australians are not paying heed to the warning signs or that they are in such dire straits financially that they are looking at credit cards as a way to improve their situation. In this messy environment, LowerBills has made credit card applications a clear, simple and easy process by providing complete information together with the various credit cards on offer.
Credit Card Application
The present situation being so full of uncertainty, anyone wanting a credit card should be careful and weigh the options before the credit card applications. Westpac recently decided to charge interest on interest and also fees on their cards thereby raising the hackles of most people. This could be one of two reasons; one is that they wish to enhance their profits further or that they are in such bad shape that they are now looking at all options for sheer survival. Whatever it may be, the credit card applicant should be aware of all the pitfalls and fully confident that payments would be made within the stipulated period. A spokesperson for LowerBills.com.au stated emphatically that it was mandatory for people to read all the guidelines very carefully before any credit card application and their website was totally equipped to help applicants make the right choice.
Most of the major banks are hiking their charges and if one does not read the fine print, an attractive rate could turn out to be a debt burden for life. LowerBills does this for you by enumerating all the details that may be missed if done on one’s own. Again, the numerous articles on credit cards including credit card applications make it so much simpler for the person who wants to choose a credit card in an intelligent, informed and considered manner.
visit: www.lowerbills.com.au for more information regarding credit card and online credit card application.
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