9 lenders now offering loyalty discounts of up to 0.80%. Likely to see more loyalty discounts after exit fee ban kicks in on July 1. Incentive-based mortgages not always best.
Loyalty discount mortgages making a comeback, but borrowers beware
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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.