RateCity research found some term deposit rates starting to fall. Australians should take advantage of high rates while they last!
Time running out for term deposits!
Borrowing cheaper but now more difficult
Home loan rates continue to drive lower in September with more than 220 rate cuts made in the past week, despite today’s RBA decision to leave interest rates on hold at 1.50 per cent.
Lazy tax' costs Aussie borrowers $47.6 billion
Australians have forked out an estimated $47.6 billion in ‘lazy tax’ over the past 10 years by keeping their mortgage with the Big Four banks rather than switching to one of the lowest rates in the market.
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.