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Old 12-12-2007, 09:15 AM
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Post CAB attacks sub-prime lenders

The Citizens Advice Bureau (CAB) has criticised UK sub-prime lenders, accusing the sector of knowingly providing mortgages that borrowers cannot afford to repay. The charity goes on to describe lenders as “aggressive” with borrowers who fall behind with their repayments. In a report entitled Set Up To Fail the CAB maintains that: “Dubious advice from [...]

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