32 lenders so far dropped standard variable home loan rates. Average rate cut was 20 basis points Vs RBA’s 25 basis point cut on June 5. RateCity expects lenders to creep up their variable rates this year.
Lenders continue to hold onto rate cut
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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.