Reserve Bank cuts official cash rate by 25 basis points. Borrowers could save around $50 per month in repayments. It’s good news for existing and potential borrowers.
Reserve Bank cuts the cash rate to 4.5 percent
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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.