Homeowners BEWARE Predatory Lending Making a COME BACK!

These predatory loans encourage people to consolidate their debts and suggest this will prevent them from ever overspending and maxing out their credit cards again. Predatory lenders deal in asset-based lending: They make the loans based solely on the amount of equity a borrower has in a property rather than considering the borrower’s ability to repay the loan.

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Articles Mentioned in the Video

https://www.floridarealtors.org/news-media/news-articles/2022/12/beware-too-good-be-true-lenders
https://www.floridarealtors.org/news-media/news-articles/2022/12/broken-promise-ibuyer
https://therealdeal.com/national/2022/12/02/strong-november-hiring-reported-in-real-estate-industries/?tpcc=elert-na&utm_source=Sailthru&utm_medium=email&utm_campaign=National%20Weekly%20%7C%2012.11.2022&utm_term=National%20Weekly
https://www.floridarealtors.org/news-media/news-articles/2022/12/hurricane-ian-re-update-tragedy-created-opportunity
https://apple.news/AX9PuWIGxTcisWKZ_CVlX3g

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