"Predatory lending" refers to a variety of abusive lending practices that often involve deception or fraud. Predatory lending practices include making loans that are beyond the borrower's ability to pay, charging excessively high interest rates, and charging fees for home owner's insurance or loan refinancing, which are not fully disclosed to the borrower. Predatory lending schemes are often targeted at elderly, minority or female borrowers. These practices cause the consumer to lose equity in their home and may lead to home foreclosure.
Our upcoming Free Predatory Lending Awareness Workshops
will be taking place on:
| There are currently no Predatory Lending Awareness Workshops. |
Anti-Predatory Lending Workshops will provide individuals awareness of identity theft, predatory lending tactics used by check cashing outlets, payday and tax refund advance lenders, rent-to-own, mortgage lenders, etc. Call now to register at 603.626.4663 x 31 or register on line.
