Report: Subprime lending giant’s add-on “loan protections” put borrowers at an increased risk

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Report: Subprime lending giant’s add-on “loan protections” put borrowers at an increased risk In this context, Webster points out, calling the add-ons “loan protection products” is misleading. They truly are, rather, “a money cow,” she says. Almost 50 % of the Denver standard instances the guts analyzed were renewals of previous loans which were rolled […]