Sentences with phrase «vulnerable borrowers»

For consumer advocates, it was the culmination of over a decade of effort and a badly needed measure to protect vulnerable borrowers.

B.C.'s offer to further burden the most vulnerable borrowers will surely backfire

If you have been sued by Iver Capital for payday loan debt, then beware of payday loan debt relief «companies» who often prey on vulnerable borrowers already in debt.

These predatory loans were unsustainable and unaffordable for a vast number of vulnerable borrowers.

Land contracts frequently are offered to the most financially vulnerable borrowers living on limited income, the NCLC says.

«Taken together, these practices prevented some of the most financially vulnerable borrowers from securing some or all of the benefits of plans that were intended to ease the burden of unaffordable student debt.»

Instead of just saying it's not easy to save vulnerable borrowers, HUD has made the FHASecure program «successful» by counting any conventional loan applicant with at least one lung.

• Target vulnerable borrowers to cash - out refinances offers when they know borrowers are in need of cash due to medical, unemployment or debt problems.

Unscrupulous lenders are always around to take advantage of vulnerable borrowers.

The loans are considered high - risk and carry higher interest rates as a result, but many states cap the rates to protect vulnerable borrowers.

State prosecutors are shutting down student loan debt relief companies they say are defrauding the most vulnerable borrowers, often leaving them in more financial distress.

sent a letter urging the Education Department to uphold the Obama administration's guidance on the collection fees, which they said «results in an unnecessary financial burden on vulnerable borrowers... Congress gave borrowers in default on their federal student loans the one - time opportunity to rehabilitate their loans out of default and re-enter repayment.»

are shutting down student loan debt relief companies they say are defrauding the most vulnerable borrowers, often leaving them in more financial distress.

Too many borrowers are still stuck with predatory loans from the past, These predatory loans were unsustainable and unaffordable for a vast number of vulnerable borrowers.

«High touch servicing» which would ensure that vulnerable borrowers and borrowers at risk of defaulting get extra help in order to stay out of default.

The NCLC report documented how borrowers, including some of the most vulnerable borrowers, stand to lose a lot of money and important rights if they sign up with these companies.

I agree with what you say, Ireland really needs to have a proper debate around these issues — sadly too much of the narrative in the popular media is limited to caricaturing what's going on as «greedy bankers preying on vulnerable borrowers».

The FHA subprime market results in higher losses to FHA, and allows the most vulnerable borrowers to be overcharged.