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.
Australia's credit card debt binge is over!
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Can I get a $1,500 payday loan with bad credit?
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.