What is Predatory Lending?
What is Predatory Lending and if I don’t pay back a loan?
Predatory lending benefits a lender at the expense of a borrower. Practices include charging unfair fees and rates or setting borrowers up for failure. Read more info here.
No, the “worse case scenario” would be a judgment against you on the records at the courthouse. They cannot arrest you, take your house, or your car, garnish your wages, attach to your taxes, etc. For more information, read here. Or contact us today.
Shipman & Wright, LLP has been solving our client’s problems for over 40 years. Call us at 910-762-1990 if we can help with your problems.