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Buy custom There's No Place Like a Cardboard Box: Predatory Lending and the Community of St. Albans

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Topic: Social Issues
Number of pages / Number of words: 2 / 311
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During a February 2004 testimony on Capitol Hill, David G. Wood, Director of Financial Markets and Community Investments for the Committee on Senate Special Aging, defined predatory lending as:

?a range of practices, including charging excessive fees and interest rates, making loans without regard to borrowers' ability to repay, or refinancing loans repeatedly over a short period of time without any economic gain for the borrower...


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During a February 2004 testimony on Capitol Hill, David G. Wood, Director of Financial Markets and Community Investments for the Committee on Senate Special Aging, defined predatory lending as:

?a range of practices, including charging excessive fees and interest rates, making loans without regard to borrowers' ability to repay, or refinancing loans repeatedly over a short period of time without any economic gain for the borrower...


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General points of the essay

Beyond Group Lending College Student Loans Skyrocket Countrywide & Subprime Lending Crisis effect of aging population on the financial markets Lending Markets Loans Payday Lending Predatory Lending in the Housing Industry Predatory Lending Predatory Pricing Subprime Lending European economic community Equivocal Savings and Loans Review Of The Article On Cascading Effects Of The Loss Of Apex Predatory Sharks From A Coastal Ocean There's No Place Like a Cardboard Box: Predatory Lending and the Community of St. Albans

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