Borrowers urged to shop around if your lender won't budge

Major banks tipped to move rates independently of the Reserve Bank. Good news for borrowers: smaller lenders more likely to pass on rate cuts. RateCity’s cheapest variable home loans.

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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.