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Predatory financing is defined by the FDIC given that act of “imposing unjust and abusive loan terms on borrowers” and also the loans are disadvantageous to borrowers.

Predatory financing is defined by the FDIC given that act of “imposing unjust and abusive loan terms on borrowers” and also the loans are disadvantageous to borrowers. Abusive Lending Techniques and Foreclosure Defense Lenders utilize aggressive mail, phone, television along with other types of advertising with promises of loans to leave of financial obligation, or a false interest mortgage price ...

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