Reserve Bank of Australia keeps the official cash rate at 4.50%. But borrowers should expect a rate rise by the end of 2010. What borrowers can do to beat the rate hikes.
Don't hold your breath: interest rate rise imminent
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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.