Big 4 banks stand to make $20M per month with just a 0.10% rate rise. They’re relying on customer inertia – but extra interest revenue would be wiped out if around 20,000 borrowers switched from major banks
Will big 4 increase rates? Don't get mad, get switching!
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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.