Predatory lending practices have left many people in financial ruin.
Хищнические практики кредитования оставили многих людей в финансовом крахе.
Definizioni
Predatory lending refers to unfair, deceptive, or fraudulent practices by lenders during the loan origination process. It often involves imposing excessively high-interest rates, hidden fees, and terms that are unfavorable to the borrower, typically targeting vulnerable individuals who may have limited access to traditional credit options.
