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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)
Debt relief not lawsuits the answer (191)
Yes - state and banks must pay (190)
I don't know (24)




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About the author:

Jennifer O'Connell

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