If the documents are destroyed, lost or otherwise not available for perusal does this not bring up the question that the bank is then not able to prove under what conditions the loan occurred.
Maybe the customer can say that they do not really owe the money anyway?
Surely banks are on a slippery slope if they destroy contracts?
Without the bank having a copy of the contract an unscrupulous borrower could falsify his/her copy of the documents and the bank could not prove otherwise?
