Reserve Bank drops cash rate to lowest level ever recorded at 2.75%. But lenders charging higher rates above the cash rate than previously. Borrowers urged to demand full cut or switch!
Reserve Bank drops cash rate: borrowers urged to demand full cut or switch!
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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.