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Banks under the microscope over ‘unpayable’ loans

Gary Adshead

Lawyers are reporting an influx of borrowers voicing concerns they’ve been given bank loans that they just can’t pay, as the royal commission into banking and financial services unfolds.

Superannuation and insurance principal at Maurice Blackburn, Josh Mennen, told Mornings with Gareth Parker, interest-only loans are of particular concern.

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Gary Adshead
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