Sentences with phrase «irresponsible lending practices»

There is, however, a dark side to the consumer credit market, fuelled by convenient access to credit, eg record levels of consumer debt, an increase in irresponsible lending practices, ineffective legislative protection of consumers and financial exclusion.

High default rates are merely a symptom of irresponsible lending practices.

In efforts to prevent losses associated with irresponsible lending practices, FHA is emphasizing enforcement of FHA requirements and is increasing its review of FHA approved lenders.

Not exact matches

Interest Only Loans were viewed as one of the worst of the irresponsible loan lending practices.