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What companies could have done to avert the predatory lending and sub prime lending?
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How do you know if you are a victim of predatory lending?
There is the occasional unscrupulous loan officer who misrepresents his or her product to make a buck. He or she may try to sell you something you don't understand, such as a product with a great introductory rate ("teaser rate") that later skyrockets into a massive liability. He or she may offer you what seems to be a competetive loan rate, which suddenly doubles once you add fees and administrative costs and his or her commission. This is predatory lending. You are a victim of predatory lending if you could not (or did not) understand what you were agreeing to, and a loan officer took advantage of that. There are legal recourses for this, including the loan officer losing his or her license to sell financial products. You are NOT a victim of predatory lending because you pay a high interest rate, you decide now that you can't handle the debt you took on, or you saw an ad on TV by a sleazy trial lawyer promising to make you a "victim" in a big lawsuit.
Where could a person with bad credit get a business loan?
A person with bad credit could get a business loan at various banks and companies. Some of the companies that offer a business loan for people with bad credit are Venture Capital, Prosper and Lending Club.
Where could someone find online home loans?
You can find online home loans available from many different companies. Some companies that offer home loans online include Lending Tree, Wells Fargo and Chase.
Where could one get personal debt consolidation loans?
Debt consolidation loans can be obtained in various ways including from local banking institutions and online services. Companies such as Lending Tree, Care One Credit, Lending Club, Debt Help, and ABE Federal Credit Union all offer assistance with debt consolidation.
Where could one find fixed rate mortgages?
One has several options when it comes to finding a fixed rate mortgage. Local banks usually offer a more personal service. Mortgage companies work with a network of lenders. According to Forbes, the top three mortgage companies at present are Lending Tree, Quicken Loans, and Bank of America.
How do you know if you are a victim of predatory lending?
There is the occasional unscrupulous loan officer who misrepresents his or her product to make a buck. He or she may try to sell you something you don't understand, such as a product with a great introductory rate ("teaser rate") that later skyrockets into a massive liability. He or she may offer you what seems to be a competetive loan rate, which suddenly doubles once you add fees and administrative costs and his or her commission. This is predatory lending. You are a victim of predatory lending if you could not (or did not) understand what you were agreeing to, and a loan officer took advantage of that. There are legal recourses for this, including the loan officer losing his or her license to sell financial products. You are NOT a victim of predatory lending because you pay a high interest rate, you decide now that you can't handle the debt you took on, or you saw an ad on TV by a sleazy trial lawyer promising to make you a "victim" in a big lawsuit.
How could you avert the tragedy in loyalties?
potty
Where could a person with bad credit get a business loan?
A person with bad credit could get a business loan at various banks and companies. Some of the companies that offer a business loan for people with bad credit are Venture Capital, Prosper and Lending Club.
Can you give an example of a sentence using the word 'avert'?
A warning system could have averted the disaster. In an attempt to avert a head-on collision, she swerved and struck a tree.
Where could someone find online home loans?
You can find online home loans available from many different companies. Some companies that offer home loans online include Lending Tree, Wells Fargo and Chase.
Where could you find a Lending Tree?
Lending Trees should be easily found in even the smallest town, but if you cannot find them, you should seek your nearest map service, and look for the Lending Tree business there.
Where could one get personal debt consolidation loans?
Debt consolidation loans can be obtained in various ways including from local banking institutions and online services. Companies such as Lending Tree, Care One Credit, Lending Club, Debt Help, and ABE Federal Credit Union all offer assistance with debt consolidation.
What was the aim of the critteden compromise of 1860?
A last attempt to avert war. Lincoln rejected it because it could have allowed some extension of slavery.
What are some of the benefits to full spectrum lending?
Some benefits to full spectrum lending are if a person has equity on a home, it can translate into cash when you need it. The loan could then be used to consolidate your debts.
Where can I find more information on business lending?
Try speaking to family and friends about lenders that they have used for business lending. You could also look up lenders in the phone book and call them to discuss business lending, or visit your local bank to see what options they have for their customers.
What is the opposite of provoking?
The opposite (lack of provocation) could be to avoid, refrain, or avert. The opposite of provoking would be to calm, assuage, appease, please, or placate.
Could your credit score drop due to frequent checks?
Checks initiated by you can lower your credit score, if it looks like you've applied for several loans or credit cards at once. Checks intitiated by the lending companies for purposes of pre-approved offers do not.
