Business By The Numbers with Hunt Demarest, CPA Predatory Lending [E074] - Business By The Numbers

Episode 74

Predatory Lending [E074]

In this week's episode, Hunt delves into the disturbing world of predatory lending, where borrowers are manipulated and taken advantage of by unscrupulous lenders. He’ll discuss things such as;

• The circumstances that lead people to seek loans from predatory lenders

• Insights into the functioning of these predatory lending "banks" and the strategies they employ to keep borrowers trapped in cycles of debt.

• The various options available to business owners facing financial hardships, and alternatives that can aid them without falling into the clutches of predatory lenders.

• The impact of hidden fees and how they accumulate into outrageously high interest charges, contributing to the borrower's financial burden.

Thanks to our partners, NAPA TRACS and Promotive

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