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Business By The Numbers

Predatory Lending [E074]

13 Jul 2023

Description

In this week's episode, Hunt delves into the disturbing world of predatory lending, where borrowers are manipulated and taken advantage of by unscrupulous lenders. He’ll discuss things such as; • The circumstances that lead people to seek loans from predatory lenders• Insights into the functioning of these predatory lending "banks" and the strategies they employ to keep borrowers trapped in cycles of debt.• The various options available to business owners facing financial hardships, and alternatives that can aid them without falling into the clutches of predatory lenders.• The impact of hidden fees and how they accumulate into outrageously high interest charges, contributing to the borrower's financial burden.Thanks to our partners, NAPA TRACS and PromotiveVisit NAPATRACS.com and GoPromotive.comPaar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online : www.paarmelis.comEmail Hunt: [email protected] a copy of my Book : Download Here

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