This division focused on protecting student loan borrowers from debt collectors, loan servicers, and
predatory lenders abuses, according to Consumer Reports.
While all lenders depend on some form of risk - based pricing — tying interest rates to credit history —
predatory lenders abuse the practice by charging very high interest rates to high - risk borrowers who are most likely to default.
Not exact matches
These are individuals and their families who are unable to pay for a lawyer or to access free legal assistance — people facing the loss of their homes, suffering persecution by
predatory lenders, seeking to keep custody of their children or escape the
abuse of a family member, or looking to protect their very subsistence.