RBA cash rate dropped by 175 basis points while average standard variable rate fell by 133 basis points. RateCity found borrowers with a $300K mortgage would save extra $80/month if lenders followed cash rate. Wakeup call to borrowers: don’t take your home loan for granted!
Borrowers lose out on rate cuts
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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.