Reserve Bank leaves the cash rate unchanged at 4.50%. Value of home loans lowest since March 2008: ABS data. Paying down debt is the best option for most borrowers.
Relief for borrowers, but use time wisely
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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.