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Predatory Lending

May 12th, 2008 · No Comments · Banks, Business, Media, Public Interest

From the US Attorney’s Website for the Eastern Region of Pennsylvania.
“Predatory lending practices, broadly defined, are the fraudulent, deceptive, and unfair tactics some people use to dupe us into mortgage loans that we can’t afford. Burdened with high mortgage debts, the victims of predatory lending can’t spare the money to keep their houses in good [...]

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