Senate allows exit fee ban to go ahead from July 1, 2011. Many borrowers still hit with high switching costs including lenders mortgage insurance. How borrowers can save on switching
RateCity welcomes Senate decision to keep exit fees
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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.