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, ...
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 ...
Subscribe to The St. Louis American‘s free weekly newsletter for critical stories, community voices, and insights that matter. Sign up Predatory lending will come under scrutiny Thursday, Feb. 10 at a ...
This article appears in the June 2023 issue of The American Prospect magazine. Subscribe here. As a Black woman in America who was barely making ends meet, Ms. Lillie, who asked that we withhold her ...