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Ash4781

Kensington Forecasts Rise In Bad Debts

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http://www.telegraph.co.uk/money/main.jhtm...cnkensing12.xml

Not sure if it's been posted already!

Sub-prime mortgage specialist Kensington Group has forecast its arrears rates will rise by as much as a fifth in the coming year as five interest rate rises in the past twelve months squeeze cash-strapped homeowners.

Will that hit all subprime lenders ?

Edited by Ash4781

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