Predatory financing is defined because of the FDIC due to the fwork act of “imposing unjust and abusive loan terms on borrowers” and also the loans are disadvantageous to borrowers.
Posted by on Feb 24, 2020 in Loan Places | 0 comments
Abusive Lending Techniques and Foreclosure Defense Lenders use aggressive mail, phone, TV along with other types of marketing with claims of loans to have out of financial obligation, or a false interest home loan price on a mortgage, fast cash till the second paycheck will come in, or other types of luring in uneducated or… Read More »
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