Assistance

Predatory Lending Signs

• Home improvement contractors offering to arrange financing
  
• Lenders offering loans to rescue a homeowner from foreclosure
  
• Lenders referring rejected loans to subprime lenders that may be their affiliates
  
• Misinterpretations and conflicting information (verbal and written)
  
• Telephone solicitations, door to door solicitations, direct mail fliers, the internet and TV commercials offering “slow credit, no credit, no problem” loan programs.
  
• Repeated offers to refinance
  
• Loans that require balloon payments
  
• High-pressure tactics to get you to sign the loan before reading and understanding the fine print.
  
• Request for signatures on incomplete or blank loan documents.
  
• Failure to provide a “Good Faith Estimate”