Many Australians who borrowed at rock bottom interest rates during COVID are now facing a steep rise in their repayments.abc.net.au/news/help-us-investigate-mortgage-lending-practices/102277244During the pandemic, as house prices surged, many Australians took out very large home loans while interest rates were at historic lows.Mortgage repayments for some borrowers have doubled or tripled, leaving them drowning in debt.
We want to know whether improper lending practices have contributed to the current financial stress that borrowers are experiencing. We want to examine whether existing policies and regulations provide adequate protection for consumers, or whether they need to be strengthened.BorrowersPeople who work or have worked in the regulatory spacePlease share your story by filling out the form at the bottom of this page.The ABC will not share your personal information with anyone else and will not identify you without your permission.