Look out for things such as the number of loans in default,
predatory lending complaints, and customer feedback.
Not exact matches
Considering that the lawsuits filed against Navient last year mainly pertained to
predatory lending and abusive interest charges, it is not much of a surprise that so many
complaints against the company had to do with repayment struggles.
The proposed settlement and
complaint were both filed against Aequitas Capital Management, Inc. who the CFPB is accusing of working with the Corinthian Colleges in a
predatory lending scheme.
We have successfully represented officers and directors of banks, mortgage lenders (including those specializing in subprime loans), and other financial institutions in connection with regulatory matters and
complaints brought against them arising from allegations of failure to observe their fiduciary duties, alleged fraud, alleged
predatory lending practices, and other matters arising from their respective roles in guiding and leading the efforts in the marketplace of their institutions.