RateCity Rate Alert: 3rd lender to drop more than RBA

39 lenders announced variable rate cuts since RBA cash rate drop last week. Macarthur Credit Union 3rd lender to drop more than RBA – by 0.26 percentage points. Will more lenders pass on bigger cuts than RBA?

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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.