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A change is on the cards

Consumers have become accustomed to seeing rates on their credit cards rise and fall in line with changes to official interest rates. While this is still the case with home loans and personal loans, it is no longer the case with credit cards any more.

Cardholders should be alert to these changes in lenders' behaviour. They may find they are using a card that is now very expensive compared to similar offerings elsewhere.

Early last month Westpac lifted credit card interest rates, by over a half of 1 per cent in some cases, without reference to any movement in official cash rates.

The changes take its rates to 18.99 per cent for the Holden card, 17.99 per cent for the standard and gold 55-free-day cards and the student card, and 16.25 per cent for the no-annual-fee card.


Max Paul: A friend to Carrboro passes away

Max Paul had a warm greeting for all his friends. He would sit with the closest among them to discuss politics, in a reasoned voice, and the particulars of the day, but had little interest in discussing his own life – a life that by the few accounts available was rich and apparently quite colorful. Max Paul, 87, died on June 13 at the Chapel Hill Rehabilitation Center.

“We all cared very deeply about Max," said Weaver Street operations manager James Watts, “but we knew very little about his life."

Max was born to Austrian immigrant parents on the Lower East Side of New York on January 10, 1920. After graduating from high school, he worked odd jobs. With the outbreak of World War II, and with his older brothers having been drafted, he remained at home to care for his ailing mother.


SonicWALL Chooses ControlCase for PCI Compliance Audit

MCLEAN, Va. (BusinessWire EON) June 19, 2007 -- ControlCase, LLC (www.controlcase.com), an innovator of compliance software and services, announced today that the company has successfully completed a PCI Data Security Standard (DSS) audit for SonicWALL, Inc. (NASDAQ:SNWL), a leading provider of network security, email security, secure remote access, and backup and recovery solutions. The audit was completed using ControlCase's unique, market-leading compliance software and services to review, document and present the results of SonicWALL's Global Management System (GMS) as well as their standard and enhanced SonicOS-based security appliances.

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