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Ukiah, CA 95482, USA
Predatory lending includes partaking deception and even fraud, via misinforming and manipulating the borrower. This usually includes pushing aggressive gross sales techniques onto naïve shoppers, and making the most of any lack of information. The predatory lender doesn't care concerning the debtors' means to repay. It happens in each the prime and subprime market, however thrives within the latter as a result of better quantity of oversight that prime lenders (usually banks or credit score unions) present.