Question

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Online Content: Site 1
What are some steps you can take to protect yourself from predatory lenders?

Answer 1

How To Protect Against Predatory Lending

1) Consider alternatives to borrowing

2) Borrow federal first

3) Check your credit before applying for private loans

4) Shop around when looking for a loan

Step-by-step explanation:

Definition: "Imposing unfair and abusive loan terms on borrowers." - FDIC