Sentences with phrase «for predatory practices»

Opponents criticize the non-conforming sub-prime lending industry for predatory practices such as targeting borrowers who do not have the resources to meet the terms of their loans over the long term.

The danger to alternative lenders popping up to fill the credit card gap, is that it leaves the door open for predatory practices.

The school would be shut down after five years and, earlier this year, a $ 25 million settlement was finalized with former students who filed a lawsuit against Trump's real estate academy for predatory practices.

Not exact matches

Trump University does, of course, makes President Trump an interesting advocate for students suffering from predatory student loan practices.

The state of New York is considering regulating online lenders after lawmakers found that there was «significant potential for unscrupulous online lenders to exploit consumers through predatory practices such as unusually high interest rates, lack of disclosure of hidden fees, and unclear loan terms.»

Shareholders hit Buffett with questions about predatory lending practices at Berkshire - owned Clayton Homes; his partnership with 3G Capital, which is notorious for its layoffs and cost cutting; and the fact that many of his investments are in companies that produce products that are high in processed sugars, like Coke and ketchup, at a time when many are worried about obesity.

«The president has moved to expose hardworking Americans to unfair, deceptive and predatory practices, perpetuating a massive con on those who thought he would stand up for them against the powerful interests,» Pelosi told reporters.

Center for Responsible Lending is a non-partisan organization that works to protect homeownership and family wealth by fighting predatory lending practices.

In this quest for profit, they enabled predatory trading practices which have changed the nature of capital markets around the world, creating a disadvantage for long - term investors, and removing millions of dollars in equity from the markets every day.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Over time, we hope that financial literacy, private sector innovation and common sense regulation transform the environment for lower credit borrowers and lead to the extinction of predatory practices.

Today's China - bashing is much like the earlier attacks on Japan and other Asian countries in the late 1980s, demonizing successful economies for avoiding the predatory practices that have corroded American industry, «financializing» and post-industrializing the economy.

While the Republican administration has vowed to hold China accountable for its predatory trade practices, the efficacy of tariffs has divided policymakers.

Given the diversity we see of the institution of marriage throughout human history, there just may be no specific Divine plan for human sexuality and marriage, as long as it's practice is guided by the Law of Love rather than predatory survivalist instincts.

Nestlé, which has been designated as the «Least Ethical Company» globally, is infamous for practices including destruction of water resources; aggressive marketing of infant formula and other baby foods in violation of the World Health Organization's International Code of Marketing of Breastmilk Substitutes and subsequent WHA resolutions; trade union busting and infiltrating public interest organizations critical of Nestlé's predatory practices.

At 10 a.m., community organizations release report highlighting lack of oversight of for - profit commercial bail bond industry in New York City and call on elected officials and regulators to take immediate action to rein in predatory and illegal practices, City Hall steps, Manhattan.

Last June, Bronx city Councilmember Ritchie Torres introduced a bill that would create a watch list for so - called predatory equity landlords, partially defining the practice as taking on more debt than the building's income can initially support.

Company directors should be held personally liable for the taxes lost due to predatory practices.

DeVos promised to completely review President Barack Obama's «most harmful regulations,» including one to protect students from the predatory practices of for - profit colleges that she estimated would cost «$ 17 billion.»

But scrutiny of the for - profits continues: «The states have opened another line of attack, with at least 24 attorneys general investigating whether for - profit colleges under their jurisdiction have engaged in false advertising, illegal recruiting practices or predatory loan schemes.»

Let me also caution you that that there are a lot of «predatory» or «rip - off» companies operating within the realm of self - publishing that are known for using illegal and / or unethical business practices.

Kirshbaum had been given a directive to land big fish and the resources to do so, but he struggled to sign well - known authors to Amazon Publishing, in part because signing with one of its imprints effectively locked you into one retail platform: most retailers, including Barnes & Noble, don't usually stock books published by Amazon in retaliation for the retailer's many predatory practices.

The program tripled use of the app, but prompted criticism of Amazon from U.S. Sen. Olympia Snowe (R - Maine) for its alleged predatory practices.

California's attorney general filed a lawsuit against the schools and its subsidiaries (Heald, Everest College, and WyoTech) in 2013 for a predatory scheme targeting low - income students, and the schools were accused of falsely advertising programs that didn't exist, misleading students about their credits transferring to Cal State, and engaging in illegal debt collection practices.

The pre-purchase curriculum covers financial management, evaluating credit information, prequalifying & loan approval, financing options, shopping for a home, finalizing the loan, the closing process, maintaining the home, avoiding foreclosure and predatory lending practices.

While we strive to be transparent with our customers, predatory lending practices are common for all types of loans, and consumers should always be alert and aware of the signs when borrowing money.

If you are borrowing money, watch for the following signs of predatory lending practices.

When you are applying for a loan you have to be mindful as there are many financial institutions practicing predatory lending and there are even others...

Over time, we hope that financial literacy, private sector innovation and common sense regulation transform the environment for lower credit borrowers and lead to the extinction of predatory practices.

For a majority of his two terms in office, President Bush oversaw a period of exceptional economic growth in the United States — that is, until predatory lending practices plunged the nation in the subprime mortgage crisis and the Great Recession.

Attorney General Shapiro issued the following statement for the press release: «Navient's deceptive practices and predatory conduct harmed student borrowers and put their own profits ahead of the interests of millions of families across our country who are struggling to repay student loans.»

The Coalition for Responsible Lending estimates borrowers lose $ 9.1 billion each year to predatory practices.

The SMART Box tool is a great step in the right direction for the industry, but unless all alternative lenders adopt it, regulatory action may still be necessary to prevent predatory lending practices.

However, government help is available to prevent predatory credit lending practices and to provide financial resources for food, housing and medical care.

The combination of an increase in credit availability and predatory lending practices contributed to an over-issuance of loans to borrowers with the greatest potential for mortgage default and subsequent foreclosure.

For one thing, these groups are already disproportionately affected by predatory credit practices, such as the marketing of subprime mortgages and overpriced auto loans targeted at these populations.11 As a result, these groups have suffered higher foreclosure rates.12 African Americans and Latinos also suffer from disparities in health outcomes, and as discussed in Section IV of this testimony, health care bills are another source of black marks on credit reports.

These are the kids that could have been scientists and doctors one day and improved all our lives when we are old, but because of the predatory practices of for - profit schools like Westwood and student loan lenders, they will not.

Student credit cards get a lot of bad press for charging high interest rates and for using predatory lending practices.

Roughing housing and play is a «practice» for predatory behavior and must be done with the upmost care not to injure the playing partner.

«We're here today to ensure future protections for kids, youth and everyone when it comes to the spread of predatory practices in online gaming, and the significant financial consequences it can have - and has been having - on families around this nation,» Lee said.

You're missing the fundamental similarity which is that we've repeatedly seen outrage time and time again for a variety of business practices, regardless how predatory, and each time they simply become accepted as the way things are in games years down the line.

I don't know about you, but I really don't want it to get to a point where the American Government can comfortably slither their fingers into anything to do with design choices in the Video Game Industry, even if it is for a seemingly «noble» cause like protecting people from predatory practices.

He ends with urging folks who support his cause to write to their elected officials (local and otherwise), providing a template letter of grievances concerning the ills of predatory gaming practices for convenient complaining.

Some argue that the strict Brunner Test should be reduced to a less strict standard since Brunner was decided at a time when private student loans were still eligible for discharge and there were many examples of predatory lending practices.

A number of factors, including predatory lending practices, increases in the cost of living, shrinking incomes, and the erosion of the safety net for Americans, have all led to an increase in poverty and indebtedness among us.

Ms. Harris has sued the mortgage industry in regards to mortgage fraud and has recovered billions of dollars for the victims of criminal fraud, she has also sued certain schools for what they believed were predatory practices on students.

For roughly 30 years, some Canadian lawyers have been engaging in a practice that other Canadian lawyers have vociferously criticized as «extortion with letterhead,» «bullying and intimidation», a «predatory practice» and «an example of legal strong - arming.»

Facebook says its policies prohibit advertisers from using the targeting options for discrimination, harassment, disparagement or predatory advertising practices.

While the Republican administration has vowed to hold China accountable for its predatory trade practices, the efficacy of tariffs has divided policymakers.

The single - family housing market entrusts the average person with the ability to make incredibly large financial decisions, and thus the average person needs protection from predatory practices and the potential for astronomical missteps.