Reserve Bank leaves cash rate on hold but relief arriving for most borrowers

Reserve Bank leaves cash rate on hold but relief arriving for most borrowers

Reserve Bank leaves cash rate at 2.75%. Most lenders in RateCity’s database have passed on RBA’s full rate cut in May. Borrowers with a $300K mortgage could save $30K by keeping repayments high.

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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.