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News Headlines - predatory lending


Sports-car team owner, driver Scott Tucker found guilty of predatory ...
Scott Tucker, former sports-car driver and team owner of Level 5 Motorsports that competed in the American Le Mans and Grand-Am Sports Car Series, was ...

and more »

Aspen Times

Jury convicts race-car driver, part-time Aspen resident, of predatory lending
Aspen Times
A race-car driver who used ill-gotten gains through a payday-lending scheme to buy an Aspen house was found guilty by a jury in New York for engaging in predatory lending practices that charged borrowers interest rates as high as 700 percent. A ...

Business Insider

Predatory lending is driving Chinese students to suicide - Business ...
Business Insider
Sky-high interest rates and allegations of violence and blackmail are driving Chinese students who have racked up thousands in debt to take their own lives.
After spate of suicides, China targets predatory student lendingYahoo Singapore News

all 3 news articles »

JD Supra

New rules to curb predatory lending
NEW rules on payday and car title loans have drawn predictable cries of outrage from lenders who say the restrictions will put them out of business. However, the outrage here should be over the way these lenders have profited from the financial ...
Crackdown preached to end payday lending 'web of debt'The Philadelphia Tribune
Help the Consumer Financial Protection Bureau Stop Predatory Loans From Ruining LivesTruth-Out
Rules to change for payday loansMuskogee Daily Phoenix

all 39 news articles »

Berkshire Eagle

Grant to aid in low-income loans to fight predatory lending
Berkshire Eagle
With the new funding, Greylock will establish $8 million of "New Road" auto loans to help credit-challenged borrowers avoid predatory car loans. It will also provide $2 million in small business loans, which the credit union says could create 25 jobs ...


Report: Predatory Lenders Are Preying On NFL Concussion Settlement Plaintiffs
Also, per the Times, the Consumer Finance Protection Bureau and the New York attorney general have also filed suit against one company, New Jersey-based RD Legal Funding, LLC, because of its alleged predatory lending practices.* In July, Outside the ...


Civil rights leaders, clergy support federal rules to crackdown on payday lending
After five years of field hearings, town hall meetings, multiple research reports, and over one million comments, the Consumer Financial Protection Bureau (CFPB) announced on October 5 a new rule to rein in predatory payday and car-title loans.

and more »

The Good Men Project (blog)

Steve Bannon Should Look Closely at the Student Loan Issue
The Good Men Project (blog)
Congress removed bankruptcy rights, statutes of limitations, and other core consumer protections under lobbying pressure from the banks, and the Department of Education, and perhaps even the colleges. The predatory lending system that has resulted is ...

Mortgage Professional America

Predatory Lending Schemes | Home Refinancing - The Real Deal
The Real Deal Magazine
Federal officials plan to crack down on what they view as predatory lending schemes targeted at thousands of veterans nationwide who have VA home loans.
Government cracks down on refi scheme targeting veteransChicago Daily Herald

all 2 news articles »


Tillerson raps China as 'predatory' rule breaker
Tillerson pointedly criticized China's model of economic development in smaller countries, announcing that the US is talking to other countries about offering an alternative to Beijing's lending practices which, he said, saddle nations with "enormous ...
Tillerson's India speech very bold robust vision, says BiswalIndia.com
US supports India stand on OBOR, hits out at China's financingFinancial Express
Full speech: Rex Tillerson calls India more reliable than China; chides PakBusiness Standard

all 131 news articles »
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