How many Australians will be relying on their credit cards to survive Christmas shopping? Are we feeling pressured to spend more than we can afford?
RateCity 2012 Christmas Shopping Survey
Cash rate holds at 1.5%, yet mortgage stress on the rise
The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.
Financial inequity extends beyond the workforce: research
Not only do women earn substantially less than men – 17.7 per cent less, on average – but new research reveals that a financial disparity between genders extends beyond the workforce into household finances.
First date etiquette: Who should pay?
When it comes to first date etiquette, Australians are surprisingly traditional although that could be set to change, according to the results of a national consumer study.
Many Aussies spend more than you think on Christmas
RateCity's inaugural Christmas Shopping Survey reveals Australians will spend $8.5 BILLION on presents. More than half of Aussies will be using credit cards to pay for gifts worth $4.3 BILLION. 11% plan to make minimum repayments: will still be paying off debt in 2015!
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.