UK lenders toughen checks on borrowers
Story date: 2007-09-05 02:16:00
Added on: 2007-09-07 15:00:17
Financial Times - Borrowers are facing tougher credit checks as lenders try to minimise the risk of defaults following August’s market turmoil. Subprime mortgage lenders have been quick to raise interest rates in recent weeks and, while rates for mainstream ...
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