Credit cards and credit disappearing going into new year

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Official figures compiled by the Reserve Bank show that for the first time the number of credit cards in a calendar year will fall

 

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German politicians' mobile numbers, credit card details among data stolen in major hackHackers have posted personal data from hundreds of German politicians from major parties including credit card details and mobile phone numbers, with Chancellor Angela Merkel among those affected. What a shame. Not. How long before Julian Assange perks up with info from his Russian handlers? By who?
Source: theage - 🏆 8. / 77 Read more »

German politicians' mobile numbers, credit card details among data stolen in major hackHackers have posted personal data from hundreds of German politicians from major parties including credit card details and mobile phone numbers, with Chancellor Angela Merkel among those affected. GERMAN? Indigenous Germans such as Austrian born blood German Hitler? Or non-indigenous Germans such as German born Jew Einstein? maryfrancesbr54 en_germany Upon fact. All affected are entitled to protection under banking regulations upon defrauded customer basis. Vote upon new safety requirements due all public. All Gernan citizens are entitled to protection from hostile foreign enemy attacks. EU_Commission Review. Not interested to talk to these German trash & their disgusting private data.
Source: smh - 🏆 6. / 80 Read more »

Hackers leak personal data of German politicians, including credit card details and phone numbersA huge data hack that targeted German politicians has also caught German Chancellor Angela Merkel, with some of her data leaked online via Twitter.
Source: 9NewsAUS - 🏆 10. / 72 Read more »

Risky borrowers to be cut off in January 1 credit card changesIf you want to increase your credit limit from today, or apply for a new card, you may be knocked back. The corporate watchdog is forcing banks to implement several new rules from January 1, including denying credit cards to people who cannot pay it back in three years. isobelroe Great to hear you on AM this morning, Isobel :) isobelroe Will help many who pay one card with another card. Live for the day spending I don't think can continue for ever. isobelroe O there would b a way around that. It's simple. Don't buy what u can't afford and let the banks know u r in control of your own money. Start a trend in 2019. Cut up your cards
Source: abcnews - 🏆 5. / 83 Read more »

Six maxed-out credit cards no barrier to accessing payday loans, inquiry hearsSix maxed-out credit cards have proved to be no barrier for one man who accessed thousands in payday loans, a Senate inquiry has been told in newly-released documents Like every other borrower, the man is responsible for his own circumstances. Banks are criminals.... high interestrates and fees
Source: abcnews - 🏆 5. / 83 Read more »

Credit cards cut up before Christmas as consumers opt for debitAustralia's love affair with the plastic appears to be coming to an end, with a falling number of accounts and the biggest annual decline in credit card lending in 13 years of records. Australia’s businesses love affair with plastic, you mean! We had perfectly good reusable glass before business went plastic mad for profit sake. Their problem, their obligation to fix it! We Have No Money Its because of AfterPay, ZipPay, VetPay, blah blah... No credit checks and Gen Y and Millenials run on max credit!
Source: abcnews - 🏆 5. / 83 Read more »

Credit and cash sink as Australians find new ways to payConservative Australian shoppers are winding down their use of cash and credit | swrighteconomy swrighteconomy I have not had any credit card for many many years and don't miss one. I have been all around the world a few times using just my debit card. shucks the banks miss out. swrighteconomy Banks won't hand out credit cards unless you can prove you have a steady income. With most people having to rely on part-time, casual or temporary employment, credit can only fall into obscurity.
Source: smh - 🏆 6. / 80 Read more »

Australians to face new credit lending barriers | Sky News AustraliaAustralians will find it harder to get a credit card this year, with sweeping changes coming into effect to mitigate irresponsible lending. \n\nUnder the changes, customers who sign up for new cards will have to prove they can repay the full balance within a three-year period. \n\nExperts say the restrictions can help card users from running into debt but will make it harder for new customers to be issued a credit card. \n\n\n\n\n\n\n\n And they wonder why the economy is going soft. More regulations that hinder businesses and consumers causes the economy to weaken. This has got to be good news for Afterpay Three years? If you can’t pay it in three weeks you shouldn’t have it.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Franking credit change could wipe billions from banks: CitigroupAnalysts find Labor's plan to end cash refunds for excess franking credits could slice billions from the value of the big four banks. Labor do not seem to consider the impact their decisions have on superannuation when you retire. Healthy big business can equal health superannuation balances. thats bad how I'm so broken hearted to hear that But que sera sera Have at them Labor The banks deserve everything they get
Source: smh - 🏆 6. / 80 Read more »

Want a credit squeeze with that fall in house prices?Comment: Ben Chifley wanted to nationalise the banks to make sure ordinary Australians weren't ripped off by the big end of town. Josh Frydenberg knows better | swrighteconomy swrighteconomy Cause only the government should ripe off the people. Socialism swrighteconomy We are witnessing Fraudborg’s desperate dying days Kooyong will treat him to a well deserved beating come election day swrighteconomy Nationalise banks? Yes please; easier to get on top of the housing crisis if the profits from mortgages go into building more public housing rather than into the hands of foreign investors.
Source: smh - 🏆 6. / 80 Read more »