Knowledge Tree
Relations (1)
related 4.00 — strongly supporting 1 fact
Predatory lending is identified as a subset of subprime lending [1], with experts noting that while all predatory lending is subprime, not all subprime lending is predatory [2]. Policymakers and regulators frequently discuss these concepts in tandem to distinguish between abusive practices and the legitimate economic benefits provided by subprime lending {fact:6, fact:9, fact:14}.
Facts (1)
Sources
Predatory Lending Practices - House.gov commdocs.house.gov 1 fact
claimSubprime lending is distinct from predatory lending, as subprime loans are provided to individuals who may not qualify for prime or 'A' credit ratings due to life events such as job loss, medical bills, or missed mortgage payments.