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ASB eases servicing criteria

Monday 20th of July 2020
Advisers say the big four bank has slashed its test servicing rate from roughly 7% to about 6.45% for all borrowers, even if they have a deposit of less than 20%.
The bank has also adjusted its living costs calculator, making certain costs slightly more expensive, brokers told TMM Online.
One adviser said the changes have made it easier for borrowers overall,...
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