Consumer Credit & Predatory Lending

Research predatory lending on the Internet and create an informative slide presentation that you could present at your local Rotary meeting.

1. How unethical lending companies make their money.
2. How to detect unscrupulous lending practices and companies.
3. Specific dangers, worst case and common case, of falling victim to a predatory
4. What other unethical methods and strategies are used by companies for high profit in the areas of consumer credit and some types of insurance?
5. How are individuals persuaded to take jobs with companies which practice taking advantage of others?

Please include all your research sites and resources. Thank you.

Solution Summary

In analyzing the advantages and disadvantages of consumer credit, this solution examines several aspects related to the practice of predatory lending e.g. how unethical lending companies make their money; how to detect unscrupulous lending practices and companies; dangers, worst case and common case, of falling victim to a predatory; other unethical methods and strategies used by companies for high profit in the areas of consumer credit and some types of insurance; and, finally, how individuals are persuaded to take jobs with companies which practice taking advantage of others. References and links are provided.