The James Esparza Law Firm
Predatory Lending Lawyers
Salt Lake City, Utah
Predatory
Lending
Predatory lending is a practice of taking advantage
of innocent consumers regarding of their home mortgage loan.
It can involve a lender lying about the costs, terms or
interest rate of a loan, or taking unfair advantage of a
stressful situation, such as a pending foreclosure.
Predatory lending involves loan practices that are deceptive, including charging the borrower much more than they can really afford.
Predatory lenders have robbed hundreds of thousands of homeowners of their hard earned equity and caused many families to lose their homes. Predatory lenders cheat people out of their money and their homes. They prey on vulnerability, fear and/or ignorance. They turn the American Dream of owning a home into an American Nightmare.
A common predatory lending scam is for lenders to represent themselves as wanting to help rescue you from foreclosure, when all they really want to do is take advantage of your situation. Victims of predatory lending practices need not be ashamed; they must stand up and fight for their rights; fight to get their home, their money and their equity back; and help put a stop to these unscrupulous practices.
