Predatory Lending and Unfair Credit Practices Can Cost You For Years

At Woodruff Injury Law, we fight for the rights of people who have been taken advantage of by predatory lending practices, including those who are in danger of losing their homes and their investments because of predatory lenders, appraisers, mortgage brokers and home improvement contractors.

"Predatory Lending" refers to a series of unfair credit practices. Such practices can typically include, but are not limited to, one or more of the following mortgage activities:

• Asset-based lending, making unaffordable loans to consumers based on their assets rather than their ability to pay.
• Loan flipping, enticing a consumer to refinance a loan repeatedly in order to charge points and fees on each new loan.
• Credit insurance packing, adding credit insurance to your loan, regarding of whether the borrower needs it or not.
• Bait and switch, pressuring a borrower to accept higher fees at the completion of a loan that were offered initially.
• Deceptive lending, actively concealing the specifics of a loan obligation from a borrower.
• Excessive fee charging, charging illegal or excessive fees or points.
• Falsifying documentation, including appraisals and credit information.

Predatory Lending Practices Claims Need Experienced Legal Help

Unfortunately, predatory lenders often target elderly homeowners through aggressive solicitation and deceptive practices. However, anyone can be the victim of predatory lending, and we want to help clients recover for the charges that were wrongfully taken from them.

Contact us at 1-800-670-8555 to discuss your questions about predatory lending, and find our how to protect your rights and the rights of your elderly family members.

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