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How to Spot & Avoid Predatory Lending (& What to Do If You’re a Victim)

Debt & Credit Cards

How to Spot & Avoid Predatory Lending (& What to Do If You’re a Victim)


When the Robinsons decided to refinance their mortgage, a local bank offered them a tempting deal with low payments they could easily afford. However, the smooth-talking bank representative glossed over the fact that the loan included a balloon payment that would come due in five years. When it hit, the Robinsons couldn’t afford to pay it, […]

How to Spot & Avoid Predatory Lending (& What to Do If You’re a Victim) is a post from Money Crashers.

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