FINANCE

'Object to LOBO loans,' DRUK urges residents

Campaigners are hoping to double the number of objections to council accounts this year as they continue their campaign against lender option borrower option (LOBO) loans.

Campaigners are hoping to double the number of objections to council accounts this year as they continue their campaign against lender option borrower option (LOBO) loans.

Debt Resistance UK (DRUK), which last year supported residents in 18 local authority areas to object to LOBOs, said it wanted to lodge formal complaints to about 36 2016/17 accounts.

Dan Peters

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