"ASIC is limiting the ability of lenders to recover any increased costs that occur after the loan has been taken out."
Er. That's how it generally works. For other businesses that enter into contracts, if costs go up, they wear them.
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Wednesday, November 10, 2010
Evidence banks don't get it
From the Bankers Association today, about ASIC plans to limit exit fees:
Er. That's how it generally works. For other businesses that enter into contracts, if costs go up, they wear them.
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Er. That's how it generally works. For other businesses that enter into contracts, if costs go up, they wear them.
Related Posts
