Bank fee revenue highest on record: up $78 million on 2010. Households paid the most for credit card fees, making up one-third of bank fees. RateCity shows how consumers can avoid paying bank fees.
Bank fees cost Aussies $11.3 BILLION in 2011
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.
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.
Cash rate holds at 1.5%, yet mortgage stress on the rise
The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.
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.