12∞ · Question 8.6.8
What is predatory lending?
Lending designed to profit from a borrower’s desperation or inexperience: short-term loans with annual rates in the hundreds of percent, hidden fees, and mortgages steered…
From the book 12∞ Twelve to Infinity by D.R. Davenport. The full answer is free to read with an iBelieve account.
Where it sits in the book
- Part
- 8: Hidden, Suppressed, Forgotten, or Misunderstood
- Gate
- 8.6: Money in the Shadows
- In print
- Page 270
- ← 8.6.7 · What really caused the 2008 financial crisis?
- 8.6.9 → · How does lobbying work?
- All of Part 8
Topics
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