Predatory Lending [E074] - Business By The Numbers

Published: July 13, 2023, 5:15 a.m.

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\u2019ll discuss things such as;

\u2022\tThe circumstances that lead people to seek loans from predatory lenders

\u2022\tInsights into the functioning of these predatory lending "banks" and the strategies they employ to keep borrowers trapped in cycles of debt.

\u2022\tThe various options available to business owners facing financial hardships, and alternatives that can aid them without falling into the clutches of predatory lenders.

\u2022\tThe 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 Promotive

Visit NAPATRACS.com and GoPromotive.com

Paar Melis and Associates \u2013 Accountants Specializing in Automotive Repair

Visit us Online : www.paarmelis.com

Email Hunt: podcast@paarmelis.com

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