Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Photo by TheTruthAbout

Poll: Should the state and banks be made to pay for reckless lending?

Ads placed in tomorrow’s papers will look for homeowners to take part in a landmark ‘reckless lending’ case. Do you think it’s fair to expect the state and the banks to pay?

UNHAPPY HOMEOWNERS are to be recruited to take part in a landmark legal action against the state, banks and the financial regulator.

Ads placed in tomorrow’s papers will look for a “willing plaintiff”, who has been financially damaged by the reckless behaviour of banks, to take part in a lawsuit.

Do you think that the state and the banks should be forced to pay compensation to people who were taken in by reckless lending practices, and borrowed more than they could afford? Or do you believe homeowners should have to suffer the consequences of their own reckless borrowing?

Have your say.


Poll Results:

No - borrowers were reckless too (253)
Yes - state and banks must pay (191)
Debt relief not lawsuits the answer (191)
I don't know (24)

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
JournalTv
News in 60 seconds