Category Archives: Checkmate Loans

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

Abusive Lending Methods and Foreclosure Defense Lenders use aggressive mail, phone, TV as well as other types of marketing with claims of loans to leave of financial obligation, or a false interest home loan price on a mortgage, fast cash till the second paycheck will come in, or any other methods of luring in uneducated… Read More »