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RateCity's Reserve Bank Rate Alert, September 2012

RateCity's Reserve Bank Rate Alert - September 2012
RateCity-30/08/2012- 1 min read

Rate change unlikely on Tuesday: waiting for impact of last rate cuts. Good time to get a home loan this mortgage season

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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.