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DEF ban could sink borrowers in deeper debt

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Australian Broker | 29 Mar 2011, 05:10 AM Agree 0
The ban on DEFs could have the unintended consequence of tempting borrowers to take equity out of their home for frivolous purchases, it has been claimed
  • oldBroker | 29 Mar 2011, 12:10 PM Agree 0
    One of the most pseudo-deductive arguments I have ever seen. On the plus side, there will be less bank robberies since the removal of the DEFs mean banks will have less money.
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