Sentences with phrase «loans desperate borrowers»
As much as two - thirds of online lending portfolios that have been sold to the market in recent months contain consolidation loans, Pratt says, which essentially are loans desperate borrowers take out to get out of other loan obligations.
https://www.inc.com/ Not exact matches
As these lenders are compelled to become increasingly selective about who is approved for home loans, desperate borrowers will seek mortgages from unregulated firms that aren't required to take out federal mortgage insurance.
In this intense and haunting story, a loan shark living an isolated and lonely existence uses brutality to threaten and collect paybacks from desperate borrowers for his moneylender boss.
Borrowers, desperate to have cash - in - hand for whatever reason, eagerly jump on payday loans without fully understanding the risks and repayment policies.
Searching for Relief: Desperate Borrowers and the Growing Student Loan «Debt Relief» Industry, June 2013
Searching for Relief: Desperate Borrowers and the Growing Student Loan «Debt Relief» Industry highlights numerous problems with the new and growing student loan «debt relief» industry, includLoan «Debt Relief» Industry highlights numerous problems with the new and growing student loan «debt relief» industry, includloan «debt relief» industry, including:
Options such as debt consolidation, income - based repayment plans and public service loan forgiveness are available to ease the strain, but borrowers either aren't aware of them or have become desperate in their search for a way out.
Student loan debt scam companies prey on desperate borrowers, selling free government services as their own and over-promising debt relief like forgiveness and settlement.
The report is titled «SEARCHING FOR RELIEF: Desperate Borrowers and the Growing Student Loan «Debt Relief» Industry.»
Predatory lenders look for desperate borrowers who have exhausted other options, know little about loans, and charge these borrowers high interest and fees.
Loans, mortgages, credit card debts can lead to a financial crisis when borrowers feel desperate and don't know what to do.
Long story short, there are plenty of illegitimate «solutions» offered to vulnerable and desperate student loan borrowers that simply aim to scam someone out of their money.
Borrowers in many rural areas are in desperate need of affordable modular home loan programs.
However, because these borrowers may be desperate for a loan, the non-conforming loan market makes it easy for unscrupulous «predatory» lenders to deceptively convince borrowers to agree to unfair and abusive loan terms.