Tag Archives: Predatory Lending
Mortgage Assistance Scams
Sometimes as homeowners try to dig themselves out of debt and avoid foreclosure, they seek the services of mortgage assistance companies or firms which advertise that they can help the homeowner. Unfortunately, as the homeowner soon discovers, these companies are out to take advantage of the homeowner and take whatever money they can before… Read More »
Is Credit Life Insurance Necessary For The Average Consumer?
Getting life insurance coverage is a good financial planning move for many people. A life insurance policy can help the insured person’s family members or friends after the insured’s death. However, there is one kind of life insurance policy that consumers should be careful about; this is the credit life insurance policy. Unlike most… Read More »
The Dangers Of Overdraft Protection
While bank overdraft protections are offered to consumers as a service, they are not often the saving grace they appear to be. In many cases, overdraft protection and overdraft loans come with high fees that continue to increase the consumer’s financial woes. In some cases, consumers are not aware that the overdraft protection they… Read More »
Payday Loans In Pennsylvania
Payday loans are a form of predatory lending that is offered to consumers who often have few other avenues to acquire credit. While payday loans may seem like a quick way out of a financial bind, they often mean the consumer is trapped in what may become a repayment nightmare because of the high… Read More »
Predatory Lending And Consumer Debt
While people should be expected to take ownership of their choices and responsibility for the debts they acquire, falling into unmanageable debt cannot always be blamed on the borrower. In some situations, one of the main factors in the borrower defaulting on the debt is that he is the victim of predatory lending. Predatory… Read More »
