What legal protections are available today to protect borrowers against discrimination? Against predatory lending?
Answer to relevant QuestionsIn your opinion, are any additional laws needed in these areas?What challenges have U.S. bankruptcy laws provided for consumers and those lending money to them? What features of a consumer loan application should a loan officer examine most carefully?Which federal law or laws apply to each of the situations described below?Jane Zahrley’s request for a five-year automobile loan for $39,000 has been approved. Reston Bank will require equal monthly installment payments for 60 months. The bank tells Jane that she must pay a total of $5,500 in ...
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