Predatory Lending

Predatory lending is a severe problem in the United States and worldwide. It is a form of unfair lending practices that target vulnerable borrowers and can lead to financial ruin for those who fall victim to it. The good news is that predatory lending is illegal in many jurisdictions, so options are available if you think you might be a victim of this unscrupulous practice. In this article, we will discuss what predatory lending is and tips for choosing a safe and responsible lender to avoid predatory lending schemes. What is Predatory Lending Predatory lending is a form of loan…