Sentences with phrase «term predatory lending»

This scenario makes it simple to understand why many consumer groups consider «bounce protection» as short - term predatory lending by banks.

Not exact matches

The investigation at the time found that the company was engaged in predatory lending practices and misrepresenting loan terms.

Credit cards, payday loans and financing plans like the Brick's «Don't Pay a Cent Event» lend money at rates often starting near 20 per cent and have inflexible, even predatory terms.

This is a heated topic in consumer advocacy circles as usory lending is deemed to be predatory and takes advantage of people in desperate situations who need to obtain short term loans.

And though the state does have strict lending regulations that prohibit outrageous interest rates, high lending fees, and other predatory lending practices, residents are encouraged to carefully research rates and loan terms prior to making any type of loan purchase.

When applying for these types of cards, it's important to read the terms and conditions so as not to fall victim to predatory lending.

For example, when you look at this change of terms from the point of view of, «Has Chase credit cards engaged in predatory lending by issuing this change in terms without an opt - out provision?»

This can also help you spot warning signs that a potential lender may not have the experience you need or may demonstrate predatory - lending behaviors — either of which can result in a loan that's poorly structured, with repayment terms that jeopardize your business's cash flow.

For a majority of his two terms in office, President Bush oversaw a period of exceptional economic growth in the United States — that is, until predatory lending practices plunged the nation in the subprime mortgage crisis and the Great Recession.

Predatory Lending: A type of lending that falls between appropriate risk - based pricing and blatant fraud and combines certain products, terms, prices and practices.

Private student loans for community college often contain more predatory lending terms, like penalties for early repayments.

Get Smart With Loans - Arm yourself with lending knowledge — don't be the victim of predatory lending or unfair loan terms.

Opponents criticize the non-conforming sub-prime lending industry for predatory practices such as targeting borrowers who do not have the resources to meet the terms of their loans over the long term.