Phrases with «predatory lenders»

Predatory lenders are financial institutions or individuals who take advantage of vulnerable borrowers by offering loans with excessively high interest rates, hidden fees, or unfair terms. They often target people with low income or poor credit history, making it difficult for them to repay the loan and causing financial hardship. Full definition

Sentences with «predatory lenders»

  • Beware of predatory lenders - Some subprime lenders may try and take advantage of high risk borrowers by charging excessive fees and unreasonable interest rates. (abcloanguide.com)
  • The «guaranteed approval space» is filled with predatory lenders. (valuepenguin.com)
  • The fee that is sometimes charged on new credit cards for bad credit by predatory lenders. (creditcardeducation.com)
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