Text Callout : Key Takeaways - What Is Predatory Lending? If you desperately need fast cash, taking the easiest money you can get is tempting. But use caution, as predatory lenders count on ...
“Predatory lending practices like this led to the 2008 financial crisis and harmed millions,” Josh Shapiro, then Pennsylvania’s attorney general and now its governor, said in a press release ...
Earned wage advances, a new predatory lending product, trap consumers in a cycle of debt. Consumer advocates call for ...
For example, leading Indian fintech Paytm has revolutionized digital payments in the country by offering a streamlined ...
A renewable energy venture meant to spearhead Puerto Rico’s transition to sustainable fuel has devolved into a legal conflict ...
Many Americans continue to find it challenging to keep up with the rising cost of living. Despite economic reports attesting ...
A home equity loan is a type of secured installment loan in which the borrower uses their home equity as collateral. The ...
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. In the spring of 2020, attorneys general from nearly ...
In Predatory Lending and the Destruction of the African-American Dream, Janis Sarra and Cheryl Wade detail the reasons for this failure by analyzing the economic exploitation of African Americans, ...
Small dollar consumer loans and credit building loans are being made available through a new fund and financial institution, ...
Borrowers must be cautious to avoid predatory lending practices in the private lending market. Traditional Lending: Traditional loans generally have lower interest rates because they cater to ...
For decades, funding deficits have typically been addressed through loans from conventional lending institutions. However, in today’s tough economy, many people find themselves unable to secure these ...