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Lenders acused of withholding loan documents

10 August 2012 6:42am
Lenders are refusing to give borrowers copies of the loan application documents, according to a report in The Australian.

It said Bendigo and Adelaide Bank has told borrowers they are not entitled to copies of their applications, while other lenders have told borrowers that such documents have been destroyed.

In many cases, the borrowers affected took out low-doc loans.

The issue is related to a campaign by a consumer group, Banking and...

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