Cashland Shirts

Determining the methods which make a loan predatory is problematic.

Determining the methods which make a loan predatory is problematic. The agencies state that any directory of predatory methods is supposed to be incomplete because bad actors are constantly developing brand new abusive methods, often to evade brand new government regulation. The party that initiates the loan often provides misinformation, manipulates the borrower through aggressive sales tactics, and/or takes unfair advantage of the borrower’s lack of information about the loan terms and their consequences in a predatory lending situation....

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