On the recordApril 27, 2021
Predatory lending is fundamentally, structurally different than responsible lending. High-cost lending turns incentives on their head, so that lenders succeed when borrowers fail.
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congress.govPredatory lending is fundamentally, structurally different than responsible lending. High-cost lending turns incentives on their head, so that lenders succeed when borrowers fail.
Senator Reed highlights the detrimental nature of predatory lending practices.
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