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What is predatory lending? What assistance does the Commissioner of Financial Regulation provide for victims of predatory lending?

April 26, 2017Commissioner financial lending Predatory regulation victims

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What is predatory lending? What assistance does the Commissioner of Financial Regulation provide for victims of predatory lending?

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Predatory lending involves originating loans by deceiving the consumer on the benefits, the cost or the terms of the loan. You may file a complaint with the Commissioner of Financial Regulation if you believe that you are a victim of predatory lending.