Predatory lending is can be understood as any lending practice that convinces the borrower to accept unreasonable terms, that can be coercive or exploitative, for a mortgage that the borrower cannot afford. To protect yourself you can take a look at some steps:
1. Don’t agree to a loan without understanding the amount of closing cost, fees, and other upfront costs;
2. Shop around, don’t let anyone rush you into a decision on a loan or home improvement;
3. Question about any additional fees and prepayment penalties, if any. Make sure that those fees are sound;
4. Stay clear of lenders who promise that your loan will be approved despite your credit history or rating;
5. Borrow only the amount you need and can afford;
6. For any loan, make sure you understand all of the terms before you sign it;
Plant provides shelter and food
Answer:
The minimum wage reached $5 an hour in 1997.
In 2009, the minimum wage reached about $7 an hour.
Explanation:
correct on edge.
