predatory lending

Definition

Any of a number of fraudulent, deceptive, discriminatory, or unfavorable lending practices. Many of these practices are illegal, while others are legal but not in the best interest of the borrowers.

Use predatory lending in a sentence

Our predatory lending practice was not good and I knew that it would be the downfall of our entire structure.

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You should always try to avoid any business that does predatory lending unless you have no other options at all.

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The predatory lending practices of the mortgage industry combined with the poor lower class workers that wanted a home ended in disaster.

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