Reserve Bank drops cash rate to 3% today. Average standard variable rate expected to hit 5.92% next month. Despite rate changes to filter through next month, spending boost for borrowers in time for Christmas.
Christmas comes early for variable mortgage holders: RBA drops cash rate
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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.