Characteristics of predatory lending Predatory lending is exactly what it sounds like. Unscrupulous lenders use unethical tactics to entice and mislead vulnerable borrowers into taking out a loan ...
This has exposed Kenyans to predatory lending, which entails imposing unethical and deceptive terms of borrowing and leads to the borrower being trapped in a perpetual borrowing cycle or loosing ...
Predatory lending embodies the opposite: a thing-oriented approach that prioritizes profit over people. These lenders extract wealth from Black neighborhoods, perpetuating poverty rather than ...