To avoid predatory lending, individuals should research and compare loans from several lenders, avoid high-interest loans where rates grow faster than repayment capacity, understand all loan agreement requirements before signing, and be cautious of unsolicited loan offers via phone, door-to-door, or mail.

Authors

• Person: Not available Organization: Annuity.org
  Financial Literacy: The Guide to Managing Your Money - Annuity.org

Sources

• Financial Literacy: The Guide to Managing Your Money - Annuity.org www.annuity.org Annuity.org via serper

Referenced by nodes (2)

• loans concept
• predatory lending concept