Official cash rate pause could fuel new borrower confidence

Official cash rate pause could fuel new borrower confidence

Reserve Bank fuels borrowing confidence by keeping the cash rate unchanged at 4.75%. Households stop growing their savings, $1.02 billion drop in June. Home loans up by $9.6 billion in June.

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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.