More borrowers missing repayments

More borrowers missing repayments

40% increase in mortgages 30-59 days in arrears Q412 vs. Q312: Fitch Ratings. Borrowers could face serious financial stress when interest rates rise. RateCity’s Borrowing Budget Guide for all Australian borrowers!

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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.