More competition for deposits, good news for savers

More competition for deposits – good news for savers

Virgin Money launches online savings account. RateCity welcomes more competition to the Australian market. Big 4 households could save $440 per year by switching to a higher interest savings account.

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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.