RateCity found 61% rise in credit card applications since May. 26% more searches for credit cards at www.ratecity.com.au. Australians look for better deals as rates continue to rise!
Credit card demand lifting for spending season!
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.
Rates to hold at 1.5 per cent until 2017
The cash rate is set to hold at 1.50 per cent at Tuesday’s Reserve Bank meeting, with the Board likely to sit on its hands until the August cut has had a chance to flow through the economy.
Interest rates to fall to new historic low tomorrow
Interest rates are set to hit a new historic low of 1.50 per cent when the Reserve Bank Board meets tomorrow.
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.