What is Predatory Lending?




Great question.

Answer: I have no idea. I googled it - Still, no idea. It seems to me that being taken advantage of by a predatory lender should be synomous with 'sucker'.

Isn't it up to the buyer to pay attention to the type of deal that they are getting into.

I remember buying some car speakers out of a guy's trunk in a taco bell parking lot when I was 15. I paid way too much and the sperakers sucked - turns out that I was taken advantage of by a "Predatory Speaker Salesman".

posted by author @ 10:47 PM,

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    Is there a Housing Bubble? Is Real Estate still a safe investment?
    I don't have these answers, but I do have a whole lot of evidence that realtors are resorting to 'unusual' tactics to drum up business.

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