Predatory financial practices encompass tactics used by unscrupulous lenders to exploit unsuspecting borrowers. Individuals, often with low income or poor credit, become victims through high-interest rates, hidden fees, or misleading terms. These malpractices primarily benefit the exploitative lender or financial institution, leaving the borrower burdened with crippling debt.
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We identified Predatory Financial Practices as a key topic 1 times in newsletters like Fintech Is Femme
