RateCity expects tight lending to continue this year. Lending criteria will not loosen for 12 months.How to ensure you win loan approval in 2010!
Tight lending to continue in 2010
Rates tipped to hold at 1.5% on Tuesday
The cash rate is set to remain on hold at 1.5 per cent when the RBA Board meets tomorrow, after last week’s inflation figures came in slightly stronger than expected.
Rates to hold at 1.5 per cent until 2017
The cash rate is set to hold at 1.50 per cent at Tuesday’s Reserve Bank meeting, with the Board likely to sit on its hands until the August cut has had a chance to flow through the economy.
Cash rate holds at 1.5%, yet mortgage stress on the rise
The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.
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.