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Predatory lending

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Перевод predatory lending на русский язык

predatory lending
Predatory lending practices have left many people in financial ruin.
Хищнические практики кредитования оставили многих людей в финансовом крахе.

Опеределения

Predatory lending refers to unfair, deceptive, or fraudulent practices by lenders during the loan origination process. It often involves imposing excessively high-interest rates, hidden fees, and terms that are unfavorable to the borrower, typically targeting vulnerable individuals who may have limited access to traditional credit options.