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How to Recognize Predatory Lenders

Episode 543 Published 5 years ago
Description

During this show, you'll discover …

How to recognize a predatory lender

How falling prey to predatory lenders can devastate your business

Learn the signs to look for that can indicate you are dealing with a predatory lender

Discover which questions to ask lenders and yourself to help you make wise decisions

Learn what resources are available to help you stay away from predatory lenders

And what to do if you do fall prey

Find out what to look for in a legitimate lender

Learn how to tell the difference in a red flag…

…and a good lender that has picked up bad practices

How common practices such as balloon payments…

…can turn into predatory practices if applied by a bad lender

And how to tell the difference between normal vs. predatory practices

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