Show-Me Predatory Lending: Where Does the Money Go?
Poverty at Issue Research Report, January 2012

Predatory lending is the practice of charging excessive fees for loans or payment agreements that are not in a consumer’s best interest, often using targeted, aggressive tactics and false claims, or failing to disclose all terms and costs up front.

A few basic signs help you recognize when a lender is using predatory practices. These are some red flags that should make a consumer wary:

If you have experienced any of these signs, you might be dealing with a predatory lender. Please look through this Web site for more information on predatory lending practices, ways to avoid becoming a victim of predatory lending, and resources and information on the predatory lending business.

Test your knowledge regarding lending policies in Missouri to prevent a creditor from taking advantage of you:


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