Reserve Bank kept official cash rate at 4.75% today. Fixed rates likely to move upwards in next few months. RateCity urges households to clean up finances and reduce debts now.
No rate rise but consumers should use time wisely
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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.