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Chapman Tripp and Bell Gully muse on the likely shape of the incoming Responsible Lending Code

Business
Chapman Tripp and Bell Gully muse on the likely shape of the incoming Responsible Lending Code
18th Jul 14, 4:30pm by Gareth Vaughan
<a href="http://www.shutterstock.com/">Image sourced from Shutterstock.com</a>

By Gareth Vaughan

Could the incoming Responsible Lending Code establish a specific debt-to-income ratio to ensure borrowers and guarantors can meet their loan obligations without suffering significant hardship?

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