Hill and Zocup investigated consumer experiences with predatory lending and found that consumers encounter tactics such as predatory lenders approaching them with superficial courtesy, persuading uninformed borrowers to take loans, and making rapid loans to hook them.

Authors

• Person: Yuqing Li Organization: 7 Pillars Institute
  Financial Ethics 101: Predatory Lending - Seven Pillars Institute

Sources

• Financial Ethics 101: Predatory Lending - Seven Pillars Institute 7pillarsinstitute-org.sevenpillarsconsulting.com Yuqing Li · 7 Pillars Institute via serper

Referenced by nodes (1)

• predatory lending concept