Lenders Could Raid Nest Eggs

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Summary

THOSE who have their mortgage and savings with the same bank or lender could find their savings dipped into if they fall behind with repayments.

Banks have the right to set off your borrowings against your savings if you fail to meet your debt repayments.

Extract

Lenders Could Raid Nest Eggs

Normally they would do this only if they could not come to a solu...