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Big bank accused of lowering lending standards

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Australian Broker | 04 Nov 2013, 06:00 AM Agree 0
One of the big four has been forced to fend off accusations of excessive risk-taking in a bid to win over new business borrowers
  • Dinsdale | 04 Nov 2013, 08:58 AM Agree 0
    I have to laugh, only last week , I read an article that banks were too conservative in their lending, and need to be more flexible to encourage borrowing , particularly 1st home buyers and business
  • Rubbish | 04 Nov 2013, 09:37 AM Agree 0
    Sounds like sour grapes.

    Maybe if the other 3 Majors treated Brokers as well as ANZ; then they'd attract more business deals through our channel as well; and then wouldn't have to whinge when their competitors outperform them.
  • SA | 04 Nov 2013, 11:05 AM Agree 0
    Client of mine had $597 default less than two years, spoke to homeside BDM says can't be done. Client went to NAB branch in Newtown and it was done easily. Its NAB who needs to pick up the game.
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