RateCity warns Australians to keep diligence.
$66M Credit Reform to Shake up Industry
Australia's credit card debt binge is over!
RateCity found almost no change to credit card debt accruing interest in 12 months. More Australians using their own money to make transactions. Major shake-up needed if card providers want to boost credit card growth.
Click to pay is king as consumers embrace bank technologies
Many Australians now pay their bills with a few taps of the finger, as banks beef up their mobile and digital-banking offerings.
Banks rake in $4.33 billion in avoidable fees
Australians forked out $4.33 billion in bank fees last year; cash that they could be keeping in their own pockets.
Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.
Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.