Rates matter most in exit fees war

RateCityFeb 27, 2011( 1 min read )

nonspecific

Refinancing on the rise, as rates stall

As the RBA leaves rates on hold at 1.50 per cent today, new figures show the number of Australians refinancing their home loans is on the rise.

Nov 1, 2016( 3 min read )

nonspecific

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.

Dec 6, 2016( 2 min read )

nonspecific

Mortgage lenders turn it on for spring

Mortgage lenders have kick-started an aggressive incentive war in a bid to lure new borrowers, including offering free cash to switch and to price match on interest rates.

Sep 2, 2013( 2 min read )

nonspecific

Credit card surcharge ban: success will be in the detail

RateCity, Australia's leading financial comparison website, today welcomed the Federal Government's pledge to ban excessive surcharges on credit card payments but warned its success would be dependent on the regulators' ability to enforce such a ban.

Oct 19, 2015( 3 min read )

Some risks with plan to abolish exit fees. But more transparency always welcome. The big difference in loan costs is interest rates, and borrowers should focus on this.

RateCity

RateCity is one of Australia's leading financial comparison websites, allowing Australians to compare home loans, personal loans, car loans, credit cards, insurance, superannuation, and banking products.

FAQs

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.

Details