Reserve Bank lowers cash rate to 3-year low at 3.25% . But many borrowers still paying more than they were 3 years ago. Watch your rates: most lenders not expected to pass on the full cuts.
RateCity warning: watch your rates after cash rate falls to 3.25%
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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.