The new year has begun with bipartisan action in the Pennsylvania House as legislators take on predatory loans for homeowners ...
MARYVILLE, Tenn. — An East Tennessee mortgage finance company is being sued by the Consumer Financial Protection Bureau for alleged predatory lending practices, according to court records. According ...
Predatory lending might sound like a finance buzzword, but its impact is all too real. Picture signing up for a loan that seems like a quick fix, only to discover hidden fees and sky-high interest ...
The Federal Deposit Insurance Corporation (FDIC) Supervisory Policy on Predatory Lending (FDIC FIL-6-2007) describes certain characteristics of predatory lending and reaffirms that such activities are ...
Predatory lending refers to any unfair practice that benefits the lender and makes it difficult for a borrower to repay debt. The signs of a predatory loan include language like ‘guaranteed’ approval, ...
Over the past year, business advocates have been hearing the same cautionary tale more and more: solid businesses in real trouble from the surprising cost of fast money,” Hannah Joy ...
"The data reveals a troubling reality: millions of hardworking Americans are one emergency away from financial catastrophe," said Tyler Kramer, CEO of Swipe Solutions. "When traditional banks turn ...
Henderson City Councilman Dan Shaw is accused of giving predatory loans with interest rates over 700 percent while allegedly representing his firm as a tribal lender to avoid liability. A class-action ...
Last Sunday’s Journal (July 23) included an opinion piece by Patrick Brenner, founder and president of the libertarian Southwest Public Policy Institute, expressing regret over New Mexico’s recent law ...
Predatory lenders hurt Texas in three main ways: They damage local economies, increase poverty, and diminish economic growth, writes Laura Becerra. Alina Naumova / Getty Images There comes a time in ...
Payday loans in our community are like seawater to the thirsty — they may seem like relief at first, but ultimately cause more harm than help. Recently, an op-ed was published (“Dunleavy was right to ...