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If loans hurt the poor, why do they take them?
If loans are not paid on time, default charges must not exceed £15.
Even if loans had not been repaid, collateral protected the taxpayers from significant losses.
If loans had really been sold off to investors, banks would not have been sucked so deeply into the mess.
But one in six would bail out if loans were underwater by a half.Four-fifths think strategic default is wrong.
If loans violate the law, borrowers will be able to stop a foreclosure and sue to recover damages.
Similar(6)
But if loan demand starts to grow again, the banks will have to respond if they are not to lose business to international rivals.
Lenders were also required to issue fresh disclosure documents if loan terms worsen before the settlement date, restarting the review process.
If loan documents were not delivered as required to the trustee, investors could recover the money they invested in the mortgages.
Moody's Investors Service cut its rating last week by six levels, to junk status, and said the bank might require "external support" if loan losses increased much more.
If loan denials stay at current rates, it will continue persisting, too.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com