quote:

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Making Plastic,

I have a question for you:

If you wanted to play World Cup Rugby, what would be more important to you? Who made made up the rules; or winning the game by playing by the rules?

http://www.tradingforaliving.info

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I don’t understand your question, your taking about a game….. I’m talking about something a bit more important then that.
OK the IRB or International Rugby Board has the responsibitlity to maintain the rules etc for Rugby…

I’m asking you and others on this board or forum, who has the responsibilty and or POWER to dictate what rules are valid and which are not?

Please tell me…!!
Wasn’t supposed to be a trick question…. I’m no politian

Thankyou Bill, that is kinda what i thought….

Dad has just turned 54 a couple of days ago, mums 53 and their combined monthly income is around $1200-1400. I help them out occasionally as much as i can with bills.

I wasn’t sure what fees for refinancing and/or applying for another loan is needed.
I thought about seeing an accountant/advisor for some advice but as i’m a final year Uni student my income is fairly tight as well.

I told them to cut up the plastic long ago but they didn’t agree saying they still need to withdrawl cash from time to time (usually to save their pension to pay for loans, bills etc.

So if i were to advise them to extend their $20,000 home refinance loan with westpac to pay for the other $20,000 on the credit card(with westpac again) and take out $10,000 or $5000 LOC… what fees do they need to pay and by how much are they better off? Do you agree with this?

As i stated before, they pay $250 a month on the $20,000 loan against their house as well as $600+ on their credit card (figures are approximate, actually a bit less then $20,000). If you need any other info please let me know.

I appreciate the time you’ve taken and value your opinon/suggestions greatly,
Regards
Peter.