Reserve Bank keeps the cash rate at 3.25%, November 2012

Reserve Bank keeps the cash rate at 3.25% - November 2012

Reserve Bank keeps the cash rate on hold at 3.25% today. Despite no move, variable borrowers with a $300K mortgage will save almost $700 by end of the year. But most borrowers could save more by comparing deals and switching!

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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.