No, subprime lenders who have such high risk tolerance do it because they can
charge desperate borrowers just about any amount of fees they like in exchange for those two little words, «You're approved.»
Generally, these scam artists
charge desperate borrowers a fee for their «services,» and afterwards, they disappear without doing anything at all.
Not exact matches
Predatory lenders look for
desperate borrowers who have exhausted other options, know little about loans, and
charge these
borrowers high interest and fees.