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New lending laws a 'nightmare' for people seeking home loans

Stuff.co.nz, 9 December 2021

McMorran says these conversations could involve sentences such as: “I see you have got Netflix. Would you be willing to give that up to get this loan?” Or: “I see you take $200 a week out of the ATM. What do you do with that money? Could you stop doing that?

“It's a lot more intrusive,” McMorran says.

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