Card providers ramp up efforts to reduce negative impact on revenue. RateCity round up of credit card reforms commencing next month, and what they mean for card holders. Credit card holders should make a complaint and switch after July 1, if they are not happy with their provider.
Credit reforms put card providers on edge
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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.