Welcome relief as RBA keeps cash rate on hold

RateCity-03/10/2011- 1 min read

Reserve Bank keeps the cash rate on hold again in October.But there are opportunities for borrowers to negotiate a rate cut on their own.

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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.