Northern Rock twice as likely to repossess

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Northern Rock twice as likely to repossess

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10-17-2008, 08:10 PM

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Northern Rock twice as likely to repossess

Credit Action is claiming that Northern Rock’s level of repossessions is twice that of its rivals.The debt charity is calling on the Treasury to intervene and insist that the nationalised lender responds more sympathetically to borrowers who fall behind with their mortgage repayments.It would like the bank to introduce mortgage payment holidays to help struggling [...]

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