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Are ‘liar loans’ going to crash the housing market

Around 20% of Australians are providing false information to banks when applying for loans. That’s according to a report from Experian, the world’s largest credit reporting business. Why are they doing it? According to reporting by the Australian Financial Review it’s because they don’t want to be rejected for a loan by the bank. The stats revealed…
Contributor | 23rd Jun 2021 | More