To the Australian members here, just heard on channel 7 that banks are introducing shorter payment terms for people who pay the balance of there credit cards on time. Which means if your a good payer, they will reduce 30 days to 14 days. I wonder if this happends anywhere else in the world as I think this is a load of crap

Hmmmm...could be.

I read that Ozzy CC holders have an average debt of AUD 4,000 per card and is totaling now to some AUD$ 43 Billion and that's a lot:

http://www.dailyreckoning.com.au/australia...t-2/2008/04/18/

LaoPo

I hope you didn't see it on Today Tonight because if they said it must be true.

No I say it on sunrise on channel 7, same channel though. But Today tonight is the worst news I have ever seen, they always go way over the top. Anne Coran facial expressions are priceless