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Aggressive lending refers to the practice of lending money without properly assessing the borrower's ability to repay, often with high interest rates and fees. It typically targets vulnerable individuals who may not fully understand the terms of the loan, leading to financial hardship and potential default. This practice can be predatory and harmful to borrowers.

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Q: What is an Aggressive lending?
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Related questions

What is business lending?

what is lending business?


Statutory lending ratio?

There is no statutory lending ratio.


What is Lending Club's population?

Lending Club operates as an online marketplace for connecting borrowers and investors. It does not have a distinct user base or population in the traditional sense. Users can join the platform as borrowers looking for loans, or as investors looking to fund loans and earn returns.


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Lending Club was created in 2007.


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Banks lending money to other banks.


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Secured lending differs from unsecured lendings in a number of a ways, although there is one big difference between them. A secured lending is such named before the lendee puts up collateral against the debt to the bank. An unsecured lending has no collateral.


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One learns about consumer lending from the governmental agency dealing with it. It is normally an independent and regulated institute. Consumer lending refers to any type of lending between private individuals.


Is p2p lending?

Peer-to-peer lending (also known as person-to-person lending, peer-to-peer investing, and social lending; abbreviated frequently as P2P is the practice of lending money to previously unrelated individuals or "peers" without the intermediation of traditional financial institutions (banks). It takes place on online lending platforms that are provided by peer-to-peer lending companies on their websites and is facilitated by credit checking tools of varying complexity.


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It all depends on who's lending you the money. business have different %


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The Lending Tree internet banking is safe and there are no reported security issues. Lending Tree was established in 1998.


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How do you use lending in a sentence?

In lending items to friends, be aware you may not get the items back.