Sentences with phrase «prevent predatory lending»

Also, there are rules in place to prevent predatory lending, wherein the seller ensures that the buyer can repay the loan.

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.

Not exact matches

Many states have laws to prevent high interest rate loans and control predatory lending, but, unfortunately, it still happens.

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