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AAP
AAP
Adrian Black

'Abandoning customers': lenders fail battling borrowers

The number of hardship notices submitted by customers of lenders has jumped by more than half. (Dan Himbrechts/AAP PHOTOS)

More than one-in-three struggling home owners are giving up applying for financial help because lenders make the process too hard, the corporate watchdog says.

A scathing report from the Australian Securities and Investments Commission says bank and non-bank lenders are failing struggling customers.

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