List of Predatory Lenders?


A predatory lending is a fraudulent, unfair and a deceptive type of lending during a loan process. In the United States there is no legal definition of a predatory lender. The FDIC defines predatory lending as imposing unfair and abusive loan terms onto borrowers. There are laws against these types of loans. Some other types of loans that are considered predatory many include payday loans, credit cards, and other forms of consumer debts. A list of predatory lenders include Bank of America, Wells Fargo, and JP Morgan Chase.
Q&A Related to "List of Predatory Lenders?"
Lenders engaged in predatory lending practices use deception to convince borrowers to agree to an unfair or abusive loan, according to the Center for Responsible Lending. The most
Predatory mortgage lenders are those that take advantage of individuals who'predator...
You will never refinance
The bulk of mortgage lenders in the marketplace are consumer oriented and comply with state / federal laws. These lenders operate within the scope of real estate law and ethically
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