RBA rate drop could inject $55 MILLION per month into retailers

RBA rate drop could inject $55 MILLION per month into retailers

A cash rate cut of 0.25% could inject extra $55 MILLION per month into retail spending. Current mortgage holders paying more than the minimum would be able to free up more spending. Strong case for cutting at the May meeting.

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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.