Avoiding Abusive Lenders
By: Source: AARP.org Date Posted: 2006-07-19 16:16:59.885001-04:00
Spot Dishonest Lending Practices
Payday Loans
Payday loans don't pay, as AARP members have learned. Get tips on finding other small loan options.
Check Cashing
A check cashing store can take a big portion of your check in fees. There are better ways that put more money in your pocket.
Controlling Credit Cards
Paying as much as you can–and on time–are surefire ways to get credit card debt back under control.
Home Loans
Lenders say that taking out a loan using your home is a good way to pay off bills. AARP says think again.
AARP Resources
| Because your Money Matters, get more tips and action steps on Predatory Sales - PDF file |
Additional Resources
Predatory Lending
U.S. Department of Housing and Urban Development offers tips on protecting yourself against predatory lenders.
National Foundation for Credit Counseling
The NFCC is a nationwide network of nonprofit budget and debt-counseling agencies that provides educational programs to consumers.
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