Eye on card fees
The average fee charged for credit cards is 1.6 per cent but they can top 2 per cent. That compares to 0.8 per cent on average in Australia and 0.5 per cent in the United Kingdom.
Category: Credit Card
Southerners pay debts quickest
There was an unexplained link between how far you live from the equator, and how fast you pay your bills, said Simon Bligh, chief executive of credit reporting company Illion.
Banks still pressure customers
Consumer NZ’s latest banking survey found, despite increasing scrutiny on the sales pressure on bank staff, 20 per cent of bank customers had been offered financial products they didn’t request and, in many cases, didn’t want.
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