Predatory lending laws are government regulations aimed at curbing unfair lending practices. They can be general or specific, targeting fees, interest rates, or loan deals. Lobbyists may try to sway lawmakers against regulation, and voter sentiment can influence the debate. Predatory lending laws are laws instituted by governments to eliminate or curb lenders’ practices that […]
Predatory mortgage service involves unethical and illegal practices by mortgage servicers, including changing interest rates and terms without notification. Borrowers in vulnerable positions are often targeted, and may not understand their rights. Consumers should work with licensed professionals and report any suspicious activity to legal aid attorneys or government regulators. Predatory mortgage service is a […]
