Australia continues its obsession with credit

Mar 11, 2010( 1 min read )

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Variable rates to push below 3.5% in August, first time on record

Variable home loan rates are set to dip below 3.5 per cent this month – the lowest on record – following today’s decision by the Reserve Bank to cut the cash rate to 1.50 per cent.

Aug 1, 2016( 3 min read )

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Rates to hold at 1.5 per cent until 2017

The cash rate is set to hold at 1.50 per cent at Tuesday’s Reserve Bank meeting, with the Board likely to sit on its hands until the August cut has had a chance to flow through the economy.

Sep 5, 2016( 2 min read )

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Further rate hikes a sign of what's to come'

The Commonwealth Bank is the latest lender to lift interest rates for homebuyers looking to fix their home loan, raising rates on a number of fixed products.

Dec 3, 2016( 3 min read )

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Financial inequity extends beyond the workforce: research

Not only do women earn substantially less than men – 17.7 per cent less, on average – but new research reveals that a financial disparity between genders extends beyond the workforce into household finances.

Nov 29, 2016( 3 min read )

40,000 more credit cards issued in January. New record for credit limits averaging $8,796 per card.

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FAQs

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.

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Australia continues its obsession with credit

Related articles

Variable rates to push below 3.5% in August, first time on record

Rates to hold at 1.5 per cent until 2017

Further rate hikes a sign of what's to come'

Financial inequity extends beyond the workforce: research

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