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'Overstated income by 30%': Liar loans continue to grow

'Overstated income by 30%': Liar loans continue to grow

Property Observer

Liar loan applications constituted alarmingly high volume in the second half of 2017 loan application, according to analysis of by the online property lender Tic:Toc Home Loans.

Analysis of the applications revealed about 20 per cent overstated their income, typically by around 30 per cent.

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