Lions, Tigers, and Predatory Lenders: Oh My!

If a lender is making an offer too good to be true and avoiding questions about fees, steer clear.
Lions, Tigers, and Predatory Lenders: Oh My!
When is sounds too good to be true, it's a scam. NONGASIMO/Shutterstock
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Homeowners, gather ‘round and clutch your wallets. These days, home loan scam artists are lurking in the shadows like that weird neighbor who’s always “just checking in.” They’re hungry, they’re relentless, and they’ve got their beady little eyes on your home equity.

Meet the loan sharks—or as I prefer to call them, predatory lenders. They’ve earned this charming nickname because they circle your finances with all the grace of vultures at an all-you-can-eat roadkill buffet. Their pitch? Consolidate your debts! Simplify your life! Pay off all your credit card debt! It’s almost as if they’re trying to sound helpful, which is exactly when you should start clutching your pearls.

Mary Hunt
Mary Hunt
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