RateCity research reveals it still makes sense for many to break a fixed loan. Fixed home loans rates are rising faster than Reserve Bank cash rate. Borrowers should stick to a variable rate rate.
Time running out for borrowers to switch from fixed to a variable home loan rate
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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.