Watch and Read Interviews!
Dr. Ashlyn Aiko Nelson, a professor at Indiana University, explains how lending and loans work. Additionally, she details how to avoid predatory lenders and how to build credit. She answers the following questions:
What is predatory lending?
What are some of the common types of predatory loans?
What tactics do predatory lenders or “loan sharks” use to get people to take out their loans?
How do predatory lenders impact the housing market?
How can people avoid predatory lenders? How can people ensure that the loans and mortgages they take out won’t ruin them financially?