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Borrower

Non-banks blamed for super raid

by Staff Reporter•Monday, 2 Jul 2007•7 minute read
The Adviser

The non-bank sector has come under fire recently for alleged unethical practices relating to ‘at risk’ borrowers. Mortgage Business looks to separate the facts from the fiction.

 

Various sections of the media have been giving the non-bank sector a hard time of late, with reports of bullying behaviour that is allegedly seeing struggling borrowers draining their super funds to service their mortgages.

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