RateCity comparison found 4 credit card providers dropped rates since RBA lowered cash rate by 0.50%. 9 credit cards in fact increased rates by 0.50% this month. Card holders and retailers have a right to be angry with card providers.
Why are credit card holders being ripped off?
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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.