What is predatory lending?
923421
Predatory lending  in my  opinion is any unfair credit practice that harms the borrower or  that supports  inequality and poverty.\n\nPredatory lenders advertisements promise lower monthly payments as a way out of debt. What they don’t tell potential borrowers is that they will be paying more and longer. Worse yet, they will be entering a system that promotes a cycle of debt that has been compared to sharecropping, an economic system that is unequal and unfair.\n\nI have seen a lot of military personnel  come into my office for budget counseling that have these types of loans.
142090
Yes! I didn't know this either but I am getting crazy loans for college and I filed bancruptcy, had 2 repos after that and have done nothing good for my credit!
688866
Yes, I actually do what it is you're speaking of.  Not small loans, but loans between 10-100k+.  It's quite an interesting process which centers around what you offer for collateral.\n\nFor example, if you have a home worth 100k and have it paid off, or even mostly, it's pretty easy to get a loan, even with very poor credit.  If you have a business, and are struggling to get a loan, if you have assets (equipment, accounts receivable, contracts, real estate, etc), there are people who specialize in loans on business assets.\n\nExpect to pay a high interest rate and sometimes a high origination fee.\n\nFeel free to email me with any questions, good luck!\n\nJared
866471
loan = to lend something to somebody\n\nlone = being single, being the only one (kind of like 'being alone', only you can use it like 'the lone piece of paper flew off the desk', meaning the single piece of paper).
642286
Probably from a loan shark.  Good lenders do not lend amounts like this to people with poor credit because the risk is too high.  Of course it depends on why your credit is bad.  Medical bills are often forgiven, but slow pays and late pays look horrible.  If you have defaults or worse then you are like a pariah and they won't want to touch you.  The only people that will offer you a loan is a company looking to extort a massive amount of interest from you to cover the risk of dealing with you in the first place.
571618
Mezzanine loans are similar to second mortgages, except a mezzanine loan is secured by the stock of the company that owns the property, as opposed to the real estate. \n\nIf the company (usually a LLC) fails to make the payments, the mezzanine lender can foreclose on the stock in a matter of a few weeks, as opposed to the 18 months it often takes to foreclose a mortgage in many states.  If you own the company that owns the property, you control the property.\n\nMezzanine loans are also fairly big.  It is hard too find a mezzanine lender who will slug through all of the required paperwork for a loan of less than $2 million.  It is occasionally possible to obtain mezzanine loans as small as $1 million.
651649
Your site will be used as collateral security to grant you loan. There are loan against property available. Let me know, where exactly is your site and how much loan is required?
160612
because the demand for loans is very low and banks are trying to get more customers.
586505
It is a security that by regulation or by policy cannot be used as collateral for margin loans and may not be purchased on margin.  In purchasing it, you reduce the amount you may have on margin overall.  Generally these are either high risk or have failed to meet their SEC requirements.
109857
There is always a loan provider willing to make a loan. The terms may be unfavorable..this is how the loan institution compensates for the risk. Attempt to find out why you are being turned down and fix that problem.
300662
it's not a bad deal for people who might have trouble qualifying for a conventional loan.  It's usually an owner who owns the house outright and wants to have that interest on the sale (like what the bank would normally get).  That owner will have a lien on the house the way a bank that did your mortgage would.
557103
Negative amoritization loans are easier to qualify for if you are not quite meeting income ratios.  However, they are really bad loans to take because the "negative" means that your monthly payment made toward mortgage isn't even paying the full interest amount due on that loan payment.  The part you didn't pay is the "negative" and it gets added to the principal balance of the loan.  You loan amounts gets bigger each month, not smaller.  It's great for the bank because you'll never pay it off and your debt just keeps getting bigger.\n\nNegative amortization loans are considered predatory loans a lot of the time, but some people do use them in short term deals for business or residential and as long as they know what they are getting, it's a way to qualify for a bigger loan because the monthly payment is artificially low because you aren't making a full payment.  This type of loan might be the only loan some people qualify for but those people need to be very wary and refinance as soon as possible.  Some sleazy banks and mortgage brokers will stick unsusspecting borrowers with this kind of loan, with a disclosure statement that an unsophophisticated person probably wouldn't understand.  They'll never tell those borrowers "hey, this is a sucky loan, do you want it?"
806007
It is not cheaper. But it is designed for those who have bad credit or for some reason cannot be approved for regular financing. So those who for whatever circumstances cannot get approved for a "normal" loan, this is the option that allows them to start buying a place they otherwise would have to rent.
813024
i heared a negative amorization could get you more money to borrow or lower monthly payments. kind of like an option arm. some people do it so you pay the lowest payments each month, lower than any interest only term, but it could add to your principle. for example, you pay the lowest payments, but in 12 months they add $1,000 to your principle. its good for low payments if you just want low payments for interest only, but it can qualify alot of people BUT after the interest only term, your forced to refinance and you may not be able to make the new payments, so make sure it will help in your situation with the mortagage company. its not for everyone but alot of people can do it
704702
I invite you to check out the All Solutions Network website (at the sources bellow). There, you can access all kinds of information on different kinds of services. Also, what kind of loan are you talking about? Check out the sources I provide to you, and you might find something that may interest you...GOOD LUCK!
1118058
Lending Tree is owned by Ameriquest Mortgage one of the worst lenders in America. They not only rip off consumers but mortgage brokers as well. They cherry pick the leads for themselves(Ameriquest) then sell the bad leads to other brokers.  Ameriquest Mortgage just had a huge lawsuit due to ripping off their customers as well. \nYou can check them both out at rip off report http://www.ripoffreport.com/results.asp?q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search%21&q5=lending+tree&Search=Search\n\nhttp://www.ripoffreport.com/results.asp?q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search%21&q5=ameriquest&Search=Search
1113712
sure use the link on my profile\nlet it take you to the website that states this in its text\nWe have over 80 Little-known Banks & Companies that offer Bad Credit Loans, Bad Credit Home Loans, Bad Credit Auto Loans, and Bad Credit Personal loans to people with Bad Credit or even a Bankruptcy. Many require absolutely NO COLLATERAL & NO CO-SIGNERS. Home ownership is not required.